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M&A

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 18, 2012, 1:57 PM ET

CME Group (Nasdaq: CME) has agreed to acquire the Kansas City Board of Trade for $126 million in cash. www.cme.com

ING
 is near a deal to sell its Hong Kong and Thailand insurance units to Richard Li for around $2.2 billion, according to Bloomberg. www.ing.com

NewsCred, a developer of a single personalized platform for news, has acquired Daylife, a New York-based maker of cloud-publishing tools. No financial terms were disclosed, although Newscred recently did disclose $1.75 million in new financing (debt & options to acquire other businesses) to the SEC. NewsCred backers include FirstMark Capital, Lerer Ventures, AOL Ventures and Advancit Capital. DalLife had raised over $13 million from Arts Alliance Ventures, Balderton Capital and Getty Images.www.newscred.com

Safran (Paris: SAF) has agreed to acquire Goodrich Electric Power Systems from United Technologies(NYSE: UTX) for approximately €301 million. www.safran-group.com

Ampersand Capital Partners has sold MedVenture Technology Corp., a Jeffersonville, Ind.–based maker of surgical tools, to Helix Medical LLC, a unit of the Freudenberg Group. No financial terms were disclosed. www.medventure.com

BioCryst Pharmaceuticals Inc. (Nasdaq: BCRX) has agreed to acquire Presidio Pharmaceuticals Inc., a San Francisco-based developer of small molecule antiviral therapeutics, for approximately $101 million. Presidio had raised around $53 million in VC funding from Panorama Capital, Baker Brothers Investments, New Leaf Venture Partners, Ventures West Capital, Bay City Capital, Nexus Medical Partners and Sagamore BioVentures. www.biocryst.com

Carbonite Inc.
 (Nasdaq: CARB) has agreed to acquire Zmanda, a Sunnyvale, Calif.–based provider of open source backup and recovery software, for just under $15 million. Zmanda had raised around $13 million in VC funding from BlueRun Ventures, Canaan Partners and Helion Venture Partners.www.carbonite.com

IBM Corp
. (NYSE: IBM) is in talks to acquire Red Bend Software, a mobile software management company with offices in Israel and Waltham, Mass., according to Israeli press reports. The deal could be valued at between $200 million and $250 million. Red Bend has raised over $30 million in VC funding from Coral Capital Management, Carmel Ventures, Greylock Partners, Infinity Venture Capital, Pitango Venture Capital and Poalim Ventures. www.ibm.com

Investcorp has hired Barclays to find a buyer for Armacell, a German maker of insulation materials, according to Reuters. The company is expected to generate around $575 million in 2012 revenue.www.investcorp.com

Superior Aviation Beijing Co. has ended talks to acquire bankrupt U.S. aircraft manufacturer Hawker Beechcraft Inc. Hawker Beechcraft had been acquired for $3.3 billion in 2007 by Goldman Sachs andOnex Corp., before filing for bankruptcy protection this past spring. Superior Aviation had said back in July that it was negotiating to buy the company for nearly $1.8 billion. www.hawkerbeechcraft.com

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

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By Dan Primack
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