ThyssenKrupp has agreed to sell its stainless steel business to Outokumpu of Finland for €2.7 billion.www.ThyssenKrupp.com
AngioDynamics (Nasdaq: ANGO) has agreed to acquire Navilyst Medical, a Marlborough, Mass.-based provider of medical devices for vascular access, from Avista Capital Partners for $372 million in stock.www.angiodynamics.com
Emerging Capital Partners has sold its 24.9% stake in Batim Africa, an Ivory Coast-based land development and housing construction company, to Moroccan insurance company Saham Group. No pricing terms were disclosed. www.ecpinvestments.com
IBM (NYSE: IBM) has agreed to acquire Worklight, an Israel-based provider of mobile software for smartphones and tablets. No financial terms were disclosed. Worklight had raised over $17 million in VC funding from firms like Genesis Partners, Index Ventures and Pitango Venture Capital. www.ibm.com
ICV Partners has sold Entertainment Cruises Inc., a Chicago-based dining cruise operator, to an undisclosed “private, long-term investor.” No financial terms were disclosed. www.icvcapital.com
Woolworths, an Australian supermarket company, is seeking to sell its Dick Smith electronics chain, according to Reuters. The deal could be worth around A$190 million.