Term Sheet

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

Mergers & acquisitions

November 27, 2012: 10:52 AM ET

ConAgra Foods Inc. (NYSE: CAG) has agreed to acquire Ralcorp Holdings Inc. (NYSE: RAH) for $90 per share (28.2% premium to yesterday's closing price). The entire transaction is valued at approximately $6.8 billion, including the assumption of debt. www.conagra.com

Lehman Brothers has agreed to sell apartment building owner and operator Archstone to Equity Residential (NYSE: EQR) and AvalonBay Communities (NYSE: AVB) for approximately $6.5 billion in cash and stock. Archstone had been in registration for an IPO designed to raise nearly $3.5 billion.

Charterhouse Capital Partners has hired three banks – HSBC, Rothschild and Credit Agricole – to find a buyer for the main unit of French catering company Elior, according to Bloomberg. The deal could be valued in excess of €2 billion. www.charterhouse.co.uk

Linx Partners has sold Cimarron Energy Inc., a Norman, Okla.–based maker of energy production, processing and environmental solutions to the U.S. oil and gas industry, to Curtiss-Wright Corp. (NYSE: CW). Harris Williams & Co. managed the process. www.cimarrongas.com

Littlejohn & Co. has agreed to sell Synchronous Aerospace Group, a Santa Ana, Calif.-based provider of assemblies and components for the commercial aerospace and defense markets, to Precision Castparts Corp. (NYSE: PCP). No financial terms were disclosed. www.syncaero.com

Nordwind Capital has agreed to sell the global assets of ISE Automotive GmbH, a German auto parts company, to Metalsa SA de CV. No financial terms were disclosed. www.ise-automotive.com

Rave Review Cinemas LLC, a portfolio company of BV Investment Partners, has agreed to sell four theaters to AMC Entertainment Inc. No financial terms were disclosed. The theaters are in Alabama, Florida and Louisiana. www.amctheaters.com

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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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