By Dan Primack
May 28, 2013

Club Med has received a $700 million buyout offer from company management and existing shareholders AXA Private Equity and Fosun International. The €17 per share big represents a 23% premium to last Thursday’s closing price.

Fidelity National Financial Inc. (NYSE: FNF) has agreed to acquire Lender Processing Services (NYSE: LPS) for approximately $2.9 billion in cash and stock, or $33.25 per share. At closing, FNF will combine its ServiceLink business with LPS and sell a 19% minority equity interest in the new consolidated holding company to Thomas H. Lee Partners for approximately $381 million.

Gulf Coast Shipyard Group Inc., a maker of ocean-going and inland marine vessels for commercial and military markets, has raised an undisclosed amount of private equity funding from Littlejohn & Co.

Ratos has agreed to acquire around a 73% stake in Norwegian construction company HENT from an investor group led by Heimdal Gruppen AS. The deal is being done at an enterprise value of approximately $77 million, with Ratos investing around $53 million in equity.

Singapore Telecommunications is hoping to sell its Australian satellite unit for more than A$2 billion, according to Bloomberg. Several private equity firms reportedly are diligencing the deal, including Bain Capital, The Blackstone Group and The Carlyle Group.

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

You May Like