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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
September 17, 2013, 2:50 PM ET

Huntsman Corp. (NYSE: HUN) has agreed to acquire the titanium dioxide and color pigments businesses of Rockwood Holdings Inc. (NYSE: ROC), for approximately $1.1 billion. Rockwood also said that it would combine its own color pigments business with the Rockwood business, and eventually take the combined group public. www.huntsman.com

HighTail (f.k.a. YouSendIt), a Campbell, Calif.-based provider of cloud-based enterprise collaboration services, has acquired Adept Cloud, a Palo Alto, Calif.–based file-sharing startup. No financial terms were disclosed. HighTail has raised nearly $50 million in VC funding since 2005, from firms like Alloy Ventures, Cambrian Ventures, Adams Street Partners, Emergence Capital Partners, Sigma Partners and Sevin Rosen Funds. Adept Cloud had raised under $1 million in seed funding from The Entrepreneurs’ Fund. www.hightail.com

GEMS Education, a Dubai-based global K-12 schools operator, said that it is seeking to raise around $500 million via a sale of up to a 20% equity stake. www.gemseducation.com

Google (Nasdaq: GOOG) has acquired Bump Technologies, a Mountain View, Calif.-based developer of mobile apps that allow smartphones to identify each other and share information by being bumped together. No financial terms were disclosed, but various media reports suggest a price just north of $30 million. Bump had raised around $20 million in VC funding from Andreessen Horowitz, Sequoia Capital, Sherpalo Ventures and SV Angels. www.bu.mp

Sycamore Partners has acquired nearly an 8% stake in teen apparel retailer Aeropostale Inc.(NYSE: ARO), for approximately $54 million. www.aeropostale.com

Tencent Holdings (HK: 700) has acquired a 36.5% stake in the Sogou search unit of China-basedSohu.com (Nasdaq: SOHU) for $448 million. The deal also includes an option to increase the position to 40%. www.sohu.com

Essent Group Ltd., a Bermuda-based mortgage insurance company, has filed for a $287.5 million IPO. It plans to trade on the NYSE under ticker symbol ESNT, with Goldman Sachs, J.P. Morgan and Credit Suisse serving as lead underwriters.

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

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