Mergers & acquisitions

Mar 11, 2013

SAP AG (NYSE: SAP) has agreed to acquire Camilion, a Canada-based provider of product development and management solutions for insurance and financial services organizations. No financial terms were disclosed. Camilion backers include Celtic House Venture Partners and GrowthWorks. www.sap.com

AirAsia Bhd has agreed to acquire a 49% stake in Philippines airline carrier Zest Airways for an undisclosed amount. www.airasia.com

Temasek Holdings has agreed to acquire a 5% stake in German chemical company Evonik for more than €600 million, according to Reuters. The move appears to be a precursor to an IPO. The RAG Foundation owns a 75% stake in Evonik, while CVC Capital Partners holds the remainder. www.evonik.com

Sign up for Dan's daily email newsletter on deals and deal-makers: GetTermSheet.com

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions