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M&A and IPOs

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
August 19, 2013, 1:07 PM ET

Alibaba has agreed to pay $75 million for a minority stake in retail shipping service ShopRunner, a unit of Kynetic LLC, according to the NY Times. www.shoprunner.com

Atlas Copco, a listed Swedish engineering firm, is in talks to acquire Edwards Group (Nasdaq: EVAC), a UK-based maker of vacuum products and abatement systems, for nearly £1 billion, according to Sky News. www.edwardsvacuum.com

Delek Petroleum
 has sold 1.5 million shares of Delek US Holdings (NYSE: DK) for $42 million to an undisclosed financial institution, for $42 million. www.delekus.com

HelloFood
, the Brazilian unit of European food delivery service FoodPanda, has acquired local competitor MegaMenu for an undisclosed amount. FoodPanda was incubated by Rocket Internet, and recently raised more than $20 million from Investment AB, Kinnevik and Phenomen.www.foodpanda.com

Kentz Corp.
 (LSE: KENZ), a British engineering company, said that it has received and rejected takeover approaches from both Amec PLC (LSE: AMEC) and M&W Group GmbH. Kentz said that both offers undervalued the company, whose current market cap is approximately $560 million.
www.kentz.com

Lloyds
 is in advanced talks to sell Heidelberger Leben, a German life insurance business, toHannover Re for €400 million. www.heidelberger-leben.de

Swift Collective, a Portland, Ore.-based digital marketing firm, has acquired Saeger Media Group, a Los Angeles-based PR and social media agency. No financial terms were disclosed. www.swift.co

Zillow (Nasdaq: Z) has agreed to acquire StreetEasy, a New York City real estate site, for $50 million in cash. www.streeteasy.com

Arcapita has sold 3PD, a Marietta, Ga.-based provider of last-mile heavy goods delivery and shipping services in the United States and Canada, to XPO Logistics Inc. (NYSE: XPO) for $365 million.www.3pd.com

Nine Entertainment, an Australian television broadcaster owned by Apollo Global Management and Oaktree Capital, is planning to raise up to A$1.2 billion in an IPO by year-end, according to The Australian Financial Review. UBS, Morgan Stanley and Macquarie Group have been hired to lead the offering. www.nineentertainment.com.au

RE/MAX Holdings Inc., a Denver-based  real estate brokerage, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol RMAX, with Morgan Stanley, BoA Merrill Lynch and J.P. Morgan serving as lead underwriters. The company reports around $15 million in net income on $78 million in revenue for the first six months of 2013, compared to $14 million on $70 million in revenue for the year-earlier period. The company is controlled by private equity firm Weston Presidio.www.remax.com

Rocket Fuel Inc., a Redwood Shores, Calif.-based provider of artificial intelligence advertising solutions for digital marketer, has filed for a $100 million IPO. It plans to trade under ticker symbol FUEL, with Credit Suisse and Citigroup serving as lead underwriters. The company has raised more than $75 million in VC funding from Mohr Davidow Ventures (40.1% pre-IPO stake), Nokia Growth Partners (9.5%), Northgate Capital (7.2%), Labrador Ventures (5.3%) and Summit Partners. www.rocketfuel.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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