Term Sheet

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

Mergers & acquisitions

November 30, 2012: 3:37 PM ET

Fast Retailing Co. (Tokyo: 9983) has agreed to acquire an 80.1% stake in J Brand, a Los Angeles-based maker of denim apparel products, for $290 million. Sellers include Star Avenue Capital and J Brand management. www.jbrandjeans.com

Allianz is considering a €2.25 billion takeover bid for German public sector insurer Provinzial Nordwest, according to the FT. www.allianz.com

Bel Fuse Inc.
 (Nasdaq: BELFA) has agreed to acquire the Transpower magentics business of TE Connectivity (NYSE: TEL) for approximately $22.4 million in cash. www.belfuse.com

Carlisle Company Inc.
 (NYSE: CSL) has agreed to acquire Thermax-Raydex, a maker of hook-up, data and coaxial wires and cables, from Belden Inc. (NYSE: BDC) for a total enterprise value of $270 million.www.carlisle.com

Cisco Systems (Nasdaq: CSCO) has agreed to acquire Cariden Technologies Inc., a Sunnyvale, Calif.-based provider of network planning, design and traffic management solutions for telecom service providers. The deal is valued at approximately $141 million in cash and retention-based incentives.www.cisco.com

RBS announced that it plans to wind down its Indian retail and commercial banking operations, after a planned sale to HSBC fell through. www.rbs.com

HealthTap, a Palo Alto, Calif.-based interactive health network, has agreed to acquire the health business of expert-only Q&A forum Avvo Inc. for an undisclosed amount. HealthTap has raised $11.5 million in VC funding from Mayfield Fund, Mohr Davidow Ventures and Eric Schmidt's Innovation Endeavors. Avvo backers include Benchmark Capital, DAG Ventures and Ignition Partners.www.healthtap.com

Wonga.com, a UK-based online provider of short-term cash advance, is in talks to acquire On Deck Capital, an Arlington, Va.-based provider of small business loans, according to Bloomberg. The deal would be valued south of $250 million. Wonga has raised around $145 million in VC funding from Balderton Capital, Accel Partners, Greylock Partners, Dawn Capital, Oak Investment Partners, Meritech Capital Partners and Wellcome Trust. On Deck has raised over $50 million in VC funding from RRE Ventures, First Round Capital, Khosla Ventures, Contour Venture Partners, SAP Ventures and Village Ventures. www.wonga.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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