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M&A and IPOs

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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June 17, 2013, 2:51 PM ET
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Telefónica is denying a Spanish newspaper report that it received a $93 billion takeover approach fronm AT&T. www.telefonica.com

Elan Corp. (NYSE: ELN) has formally put itself up for sale, after having rejected multiple takeover attempts from Royalty Pharma. www.elan.com

CIE Automotive SA (Madrid: CIEA) has agreed to acquire a majority stake in the auto parts manufacturing unit of India’s Mahindra Group for approximately $116 million. www.cieautomotive.com

Nyloncraft Inc.
, a Mishawaka, Ind.-based provider of plastic molding solutions, has acquired NYX Fort Wayne, a Fort Wayne, Ind.-based maker of pressurized plastic fluid reservoirs and related functional components for under-the-hood vehicular applications, from NYX Inc. No financial terms were disclosed. Angle Advisors managed the process. www.nyxinc.com

Qatar Holding
 has sold its 10% voting stake in Porsche Automobil Holding SE to the carmaker’s family shareholders, for an undisclosed amount. www.porsche-se.com

Santander Mexico has agreed to acquire the mortgage business of ING Mexico for approximately $50.7 million in cash. www.santander.com

Cinven and KKR have agreed to sell Dutch waste management company AVR to companies controlled by Li Ka-shing, for €943.7 million. www.vangansewinkelgroep.com

Brookfield Asset Management has agreed to sell its Longview Timber business toWeyerhaeuser Co. (NYSE: WY) for $2.65 billion. The move comes just days after Brookfield agreed to sell its Longview Fibre Paper and Packaging Inc. to KapStone Paper and Packaging Corp. (NYSE: KS) for just over $1 billion. www.brookfield.com

International Auto Components Group, a global auto parts supplier owned by WL Ross & Co., has filed for a $115 million IPO. It plans to trade on the NYSE under ticker symbol IACG, with BoA Merrill Lynch, Deutsche Bank and J.P. Morgan serving as lead underwriters. The company reports a $38 million net loss on around $4.7 billion of revenue for 2012. www.iacgroup.com

The New Home Co., an Aliso Viejo, Calif.-based homebuilder focused on major metropolitan areas in California, has filed for a $172.5 million IPO. It plans to trade on the NYSE under ticker symbol NWHM, with Citigroup and J.P. Morgan serving as lead underwriters. Shareholders include Tricon Capital Group (TSX: TCN). www.thenewhomecompany.com

Noodles & Co., a Broomfield, Colo.-based fast casual restaurant concept, has set its IPO terms to nearly 5.36 million shares being offered at between $13 and $15 per share. It plans to trade on the NYSE under ticker symbol NDLS, with Morgan Stanley and UBS serving as lead underwriters. The company reports around $5 million in net income on $300 million in revenue for 2012, compared to $3.8 million on $256 million in 2011. Catterton Partners and Argentia Private Investments each hold around a 45% pre-IPO stake. www.noodles.com

OCI Partners LP
, a Nederland, Texas-based merchant methanol producer, has filed for a $480 million IPO. It plans to trade on the NYSE under ticker symbol OCIP, with BoA Merrill Lynch, Barclays and Citigroup serving as lead underwriters.

Onconova Therapeutics
, a Newtown, Penn.-based cancer drug developer, has filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol ONTX, with Citigroup and Leerink Swann serving as lead underwriters. The company reports nearly a $30 million net loss on over $46 million in revenue for 2012. Baxter International Inc. (NYSE:BAX) holds a 14.7% ownership stake, due to both VC investments and a strategic partnership signed late last year that could be valued at upwards of $565 million. Other VC backers include ICICI Ventures, Mehta Partners and Tinicum Partners.www.onconova.com

Stock Building Supply Holdings, a Raleigh, N.C.-based provider of building materials and construction services to homebuilders and contractors, has filed for a $175 million IPO. It plans to trade on the Nasdaq, with Goldman Sachs serving as lead underwriter. The company is controlled by Gores Group. www.stocksupply.com

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

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