• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

M&A and IPOs

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
May 20, 2013, 3:24 PM ET

Actavis Inc. (NYSE: ACT) has agreed to acquire Warner Chilcott PLC (Nasdaq: WCRX) for approximately $8.5 billion in stock, or $20.08 per share. The deal would create a specialty pharma company with around $11 billion in combined annual revenue. Sellers will include Thomas H. Lee Partners, which holds around a 3.9% stake Chilcott. www.actavis.com

Seamless North America and GrubHub Inc. have agreed to merge, into a single provider of online services for ordering takeout. The combined company would have generated more than $100 million in 2012 revenue, based on around $875 million worth of orders going through their systems. New York-based Seamless shareholders — including Spectrum Equity Investors, TH Lee Partners and Warburg Pincus — will hold a majority stake. Chicago-based GrubHub has raised over $80 million from Origin Ventures, Amicus Capital, Benchmark, DAG Ventures, Lightspeed Venture Partners, Leo Capital, Greenspring Associates and Mesirow Financial. www.grubhub.com

Leonard Blavatnik is considering a $200 million investment into Russian mobile phone retailerSvyaznoy, according to a local press report. www.svyaznoy.ru

Goldman Sachs has launched the sale of its remaining $1.1 billion stake in Industrial and Commercial Bank of China (HK: 1398). www.gs.com

Morgan Stanley
 (NYSE: MS) has agreed to sell its Indian wealth management unit to StandardChartered (LSE: STAN). No financial terms were disclosed. www.morganstanley.com

Wolters Kluwer (Amsterdam: WKL) has acquired Prosoft Tecnologia, a Brazilian provider of tax and accounting software. No financial terms were disclosed. www.wolterskluwer.com

Payvia, a Los Angeles–based mobile payment and messaging company, has acquired Mogreet, a Los Angeles-based provider of mobile video marketing solutions. No financial terms were disclosed. Mogreet has raised around $14 million in VC funding from Ascend Ventures, Black Diamond Ventures, Bryant Park Ventures, Draper Associates and DFJ Frontier. www.usepayvia.com

Ubiquiti Networks Inc. (Nasdaq: UBNT), a San Jose, Calif.-based provider of wireless networking solutions, has filed for a secondary public offering of 7.7 million shares. The company’s stock closed trading last Thursday at $20.43 per share. Most of the shares are being offered by Summit Partners, which would see its ownership position fall from 17.34% to 10.48% (or 9.27%, if the over-allotment is exercised). Credit Suisse, BoA Merrill Lynch and Raymond James are serving as lead underwriters.www.ubnt.com

Aspen Aerogels Inc., a Northborough, Mass.-based developer of flexible insulation products, has withdrawn registration for a $115 million IPO. It originally filed for the offering in July 2011, with Goldman Sachs and Morgan Stanley serving as lead underwriters. The company has raised over $85 million in VC funding from BASF Venture Capital, RockPort Capital, Tenaya Capital, Reservoir Capital Group, Arcapita Ventures and Argonaut Private Equity. www.aerogel.com

FusionStorm International, a Woburn, Mass.-based provider of end-to-end IT solutions to international commercial and public-sector clients, has formally withdrawn registration for a $175 million IPO. It originally filed back in August 2011, but postponed the offering late that year. FBR and Needham & Co. were serving as co-lead underwriters. FusionStorm would have had an initial market cap of approximately $505 million, were it to have priced in the middle of its range.www.fusionstorm.com

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

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in

EconomyFederal Reserve
Trump names Warsh, Hassett as top Fed contenders, WSJ says
By Jennifer A. Dlouhy and BloombergDecember 12, 2025
2 hours ago
PoliticsMilitary
Trump says ‘starting’ land strikes over drugs in latest warning
By Justin Sink and BloombergDecember 12, 2025
2 hours ago
EconomyFederal Reserve
The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
By Jason MaDecember 12, 2025
4 hours ago
Healthmeal delivery
Factor Meals Review 2025: Tester Approved
By Christina SnyderDecember 12, 2025
5 hours ago
robots
InnovationRobots
‘The question is really just how long it will take’: Over 2,000 gather at Humanoids Summit to meet the robots who may take their jobs someday
By Matt O'Brien and The Associated PressDecember 12, 2025
5 hours ago
Trump
PoliticsWhite House
House Democrats release new Epstein photos including Trump, Clinton, Prince Andrew
By Stephen Groves and The Associated PressDecember 12, 2025
5 hours ago

Most Popular

placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
15 hours ago
placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
3 days ago
placeholder alt text
Success
Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
By Preston ForeDecember 11, 2025
1 day ago
placeholder alt text
Arts & Entertainment
'We're not just going to want to be fed AI slop for 16 hours a day': Analyst sees Disney/OpenAI deal as a dividing line in entertainment history
By Nick LichtenbergDecember 11, 2025
1 day ago
placeholder alt text
Success
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeDecember 12, 2025
10 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
16 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.