Hutchison 3G has agreed to acquire rival mobile operator Orange Austria for €1.3 billion from Mid Europa Partners (65% stake) and France Telecom (35%). www.orange.at
Platinum Equity has sold 3B – The Fibreglass Co., a Belgium-based maker of fiberglass composite materials, to Binani Industries Ltd. No financial terms were disclosed. www.platinumequity.com
Shopify, an Ottawa-based ecommerce platform for creating and powering online stores, has acquired Select Start Studios Inc., an Ottawa-based mobile design studio. No financial terms were disclosed. Shopify has raised $22 million in VC funding from Bessemer Venture Partners, FirstMark Capital, Felicis Ventures and Georgian Partners. www.shopify.com
THURSDAY, FEBRUARY 2
H.I.G. Capital has sold Service Net, a Jeffersonville, Ind.-based provider of warranty service management services, to Chartis U.S., a wholly-owned subsidiary of AIG. www.higcapital.com
Platinum Equity has sold Canvas Systems, a provider of new and refurbished IT equipment, to Avnet Inc. (NYSE: AVT). No financial terms were disclosed. www.canvassystems.com
Glencore International (LSE: GLEN), the world’s largest commodities trader, is in talks to merge withXstrata (LSE: XTA), a mining company whose current market cap is approximately $50 billion.www.xstrata.com
ShoreTel Inc. (Nasdaq: SHOR) has agreed to acquire M5 Networks, a New York–based provider of unified communications solutions. The deal is valued at up to $146 million in cash and stock.
WEDNESDAY, FEBRUARY 1
European regulators have blocked the $9 billion merger between stock exchanges DeutscheBoerse and NYSE Euronext. The move was expected.
UPM-Kymmene, a Finnish paper company, has agreed to sell its paper packaging business to Billerud of Sweden for €130 million.