Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

M&A

August 6, 2012: 10:05 AM ET

Citigroup (NYSE: C) has agreed to sell its Diners Club credit card business in the UK and Ireland to Affiniture

Silver Lake Resources Ltd. (ASX: SLR) has offered to buy Australian gold miner Integra Mining Ltd. (ASX: IGR) for A$426 million (44% premium to Friday's closing price). www.silverlakeresources.com.au

9flats.com, a European operator of a P2P apartment rental site, has acquired Toronto-based rival iStopOver for an undisclosed amount. 9flats has raised over $10 million in VC funding from firms like Redpoint Ventures, Greycroft Partners, PROfounders Capital and T-Venture. iStopOver backers included JLA Ventures, Matrix Asset Management, Brightspark Holdings and Relay Ventures. www.9flats.com

Colonial First State (Australia) has agreed to acquire Digita Oy, a Finnish unit of French terrestrial broadcaster TDF. No financial terms were disclosed, although Reuters previously reported that the deal could be valued at upwards of €400 million. TDF backers include AXA Private Equity, 3i, Charterhouse Capital Partners and TPG Capital.

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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