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M&A

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
July 6, 2012, 1:24 PM ET

ABC Mart Inc. (Tokyo: 2670), a Japanese shoe store chain, has agreed to acquire Portland, Ore.-based LaCrosse Footwear Inc. (Nasdaq: BOOT). The deal is valued at around $137 million, or $20 per share (82% premium to yesterday’s closing price. www.lacrossefootwearinc.com

Altor Equity Partners is seeking a buyer for Swedish food supply company Euro Cater, according to Reuters. The deal could be valued at more than €500 million, with J.P. Morgan managing the process. www.cater.dk

Asure Software (Nasdaq: ASUR) has acquired PeopleCube, a Framingham, Mass.-based provider of on-demand workplace management solutions. The deal is valued at around $14 million, including an up-front cash payment of $9.8 million. PeopleCube raised $17 million in 2007 from Big Bang Ventures and Truffle Capital. www.peoplecube.com

CVC Capital Partners is seeking a buyer for Danish beauty products retailer Matas, according to Reuters. The deal could be valued at between €600 million and €800 million, with Morgan Stanley and Nordea managing the process. www.matas.dk

TPG Capital has sold its remaining 7.8% stake in Taiwanese lender Taishin Financial (TSEC: 2887), for $181.5 million. That represents a 6.4% discount to the closing price for Taishin shares on Wednesday. www.taishinholdings.com.tw

Lotte Shopping Co Ltd. has agreed to acquire a 65.25% stake in Hi-Mart, a South Korean wholesaler and retailer of home appliances, for approximately $1.1 billion. The deal comes after private equity firm MBK Partners walked away from the auction, despite having been named preferred bidder. www.himart.co.kr

Walgreen Co. (NYSE:WAG) has agreed to acquire a chain of 144 drug stores in the mid-South region from Stephen L. LaFrance Holdings and members of the LaFrance family. The deal is valued at approximately $438 million. www.walgreens.com

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

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