M&A

May 21, 2012, 5:19 PM UTC

AMC Entertainment has agreed to be acquired by Chinese movie theater operator Wanda Group for $2.6 billion (including debt). Sellers include JPMorgan Partners, Appollo Management, Bain Capital, The Carlyle Group and Spectrum Equity Investors. www.amcentertainment.com

DaVita Inc. (NYSE: DVA), a provider of kidney care services, has agreed to acquire HealthCare Partners, a Torrance, Calif.-based operator of medical groups and physician networks. The deal is valued at approximately $4.42 billion, including $3.66 billion in cash and approximately 9.38 million shares of DaVita common stock. Sellers include Summit Partners, which first invested in Healthcare Partners seven years ago. www.davita.com

Facebook has acquired mobile gifting service Karma for an undisclosed amount. The San Francisco-based company had raised around $4.5 million of VC funding from Kleiner Perkins, Sequoia Capital, CrunchFund and Obvious Corp. www.getkarma.com

Yahoo has agreed to sell up to half of its 40% stake in China’s Alibaba Group back to Alibaba for $7.1 billion in cash and stock. The taxable deal helps set the stage for an Alibaba Group IPO. www.yahoo.com

Aker Solutions, a Norwegian oil and gas services company, has agreed to acquire NPS Energy, an oilfield services group focused on the MENA region, from Bahrain’s National Petroleum Services. The deal is valued at around $460 million.

Cytec Industries (NYSE:CYT) has hired J.P. Morgan to sell its coating resins unit by year-end. www.cytec.com

General Cable Corp. (NYSE: BCG) has agreed to acquire Alcan Cable, an Atlanta-based maker of aluminum cables for the utility and building industries in North America, from Rio Tinto PLC. The deal is valued at $185 million in cash. www.cable.alcan.com

Kabel Deutschland
has agreed to acquire regional cable company Tele Columbus for €618 million. Sellers include GoldenTree Asset Management. www.telecolumbus.de

Schustermann & Borenstein, a German clothing exporter, has hired Goldman Sachs to seek a buyer, according to Reuters. The company reported 2010 net income of €17 million on around €153 million in sales. www.schustermann-borenstein.de

Ultra Clean Holdings Inc. (Nasdaq: UCTT) has agreed to acquire American Integration Technologies, a Chandler, Ariz.-based supplier of subsystems to the semiconductor capital equipment, medical, energy, industrial and aerospace industries. The deal is valued at approximately $99 million, including $74 million in cash. ACT generated approximately $170 million in 2011 revenue. www.uct.com

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