Barry Callebaut, a listed Swiss chocolatier, has agreed to acquire the Cocoa Ingredients Division of Singapore-listed Petra Foods Ltd. for approximately $950 million. www.barry-callebaut.com

Flextronics International Inc. (Nasdaq: FLEX) has acquired Saturn Electronics & Engineering, a Rochester Hills, Mich.-based provider of solenoids, interconnect wire harness solutions and electronic components and subsystems. No financial terms were disclosed. Lincoln International managed the process. www.saturnee.com

LGT Capital Partners has acquired Clerestory Capital Advisors, a New York-based investment and advisory firm that provides clients with access to real estate via funds, co-investments and secondary investments. No financial terms were disclosed. www.lgt.com

The Medicines Co. (Nasdaq: MDCO) has agreed to acquire Incline Therapeutics Inc., a Redwood City, Calif.-based developer of a disposable, needleless, patient-controlled analgesia system for short-term management of post-surgical pain. The deal includes a $185 million upfront payment, plus possible milestone payments. Incline had raised $43 million in Series A funding from Frazier Healthcare Ventures, 5AM Ventures, Technology Partners, Adams Street Partners, Saints Capital Partners and Emergent Medical Partners. www.inclinetherap.com

Nasdaq OMX Group has agreed to pay $390 million in cash to acquire the investor relations, public relations and multimedia solutions units of Thomson Reuters Corp. (NYSE: TOC). www.thomsonreuters.com

Quek Leng Chan has offered to take Guoco Group (HK: 53) private for approximately $1.1 billion, according to the WSJ. Leng Chan already owns approximately 75% of the conglomerate, whose interests range from property, hospitality to banking. www.guoco.com

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