Novartis and German holding company BWK have hired Morgan Stanley to find a buyer for LTS Lohmann, a German maker of nicotine and other medical patches, according to Reuters. The deal could be worth more than €1 billion, which would represent more than a 10x EBITDA multiple.www.ltslohmann.de
American Greetings Corp. (NYSE: AM) said that its founding Weiss family has increased its proposed acquisition offer from $18.20 per share to $19 per share. www.americangreetings.com
Avon Products Inc. (NYSE: AVP) has sold its Silpada Designs jewelry business for $85 million to a new company formed by Silpada’s founders. Avon had purchased Lenexa, Kansas-based Silpada three years ago for $650 million. www.silpada.com
Cargill Inc. is considering a bid for Archer Daniels Midland’s (NYSE: ADM) cocoa business, according to Reuters. The business is believed to be valued at around $2 billion. www.adm.com
Chesapeake Energy Corp. (NYSE: CHK) has agreed to sell oil and gas assets in the Northern Eagle Ford Shale and Haynesville Shale to a subsidiary of EXCO Resources Inc. (NYSE: XCO). The deal is valued at approximately $1 billion, 90% of which will be paid at closing. www.chk.com
VEVO, a New York-based music video distribution network backed by major music labels, has secured an undisclosed amount of strategic funding from YouTube, a subsidiary of Google (Nasdaq: GOOG). Earlier reports had suggested that the deal would be for between $40 million and $50 million, for around a 7% equity stake. www.vevo.com
Advent International has hired Broadhaven Capital Partners to help find buyers for BondDesk Group, a Mill Valley, Calif.-based bond-trading technology platform, according to Bloomberg. The deal could be valued at around $200 million, with possible suitors including the London Stock Exchange Group and Ipreo Holdings. www.bonddeskgroup.com
ArthroCare Corp. (Nasdaq: ARTC) has acquired ENTrigue Surgical Inc., a San Antonio, Texas-based developer of materials and medical devices primarily for sinus surgery, for $45 million in cash. ENTrigue Surgical had raised VC funding from Apparture Venture Partners, Incyte Ventures, Prism VentureWorks and the Vertical Group. www.entriguesurgical.com
Digiturk, a Turkish pay-TV company whose shareholders include Providence Equity Partners, is being circled by strategic buyers, according to Reuters. The deal could be valued at upwards of $1 billion, with Turk Telekom viewed as the most sensible suitor. www.digiturk.com.tr
Healthsense Inc., a Mendota Heights, Minn.-based provider of aging services technologies, has acquired WellAware Systems, a Glen Allen, Va.-based provider of wellness monitoring solutions. No financial terms were disclosed. Healthsense shareholders include Contemporary Healthcare Capital, Fallon Community Health Plan, Merck, Radius Ventures, The West Health Investment Fund and The Ziegler Cos. WellAware backers had included .406 Ventures and Valhalla Partners.www.healthsense.com
Yahoo Inc. (Nasdaq: YHOO) has paid around $50 million to acquire Qwiki Inc., Palo Alto, Calif.-based provider of automated mobile video production solutions. Quiki had raised over $10 million in VC funding from Eduardo Saverin, Lightbank, Contour Venture Partners, Lerer Media Ventures, Tugboat Ventures, Jawed Karim (YouTube co-founder) and Pradeep Sindhu (Juniper Networks co-founder).www.quiki.com
YuMe Inc., a Redwood City, Calif.-based operating system for Internet-enabled televisions, has filed for a $65 million IPO. It plans to trade on the NYSE under ticker symbol YUM, with Citigroup and Deutsche Bank serving as lead underwriters. The company reports $6.2 million in net income on nearly $117 million in revenue for 2012, and has raised over $70 million in VC funding from firms like Khosla Ventures (19.6% pre-IPO stake), Accel Partners (18.7%), DAG Ventures (12%), Menlo Ventures (9.3%), BV Capital (7.2%), Samsung and Translink Capital. www.yume.com
The Carlyle Group is speaking with investment banks about a possible IPO for CommScope Inc., a Hickory, N.C.-based provider of infrastructure solutions for communications networks, according to Reuters. Carlyle took CommScope private in early 2011 for $3.9 billion. www.commscope.com
Deutsche Annington, a German residential real estate company, has postponed its planned IPO due to “persistent adverse market conditions.” Shareholders include Apollo Global Management. www.deutsche-annington.com
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