Term Sheet

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

Mergers & acquisitions

January 17, 2013: 10:05 AM ET

Bilfinger (DB: GBF) of Germany has agreed to acquire Johnson Screens, a New Brighton, Minn.-based maker of industrial filters and water well screens, from Weatherford International Ltd. (NYSE: WFT) for nearly €100 million. www.johnsonscreens.com

Lexmark International Inc. (NYSE: LXK) has acquired Acuo Technologies, a Bloomington, Minn.–based provider of software and services for clinical content management, data migration and vendor neutral archives. The deal was valued at approximately $45 million in cash. www.acuotech.com

Stryker Corp. (NYSE: SYK) has agreed to acquire Trauson Holdings Company Ltd. (HK) 0325), a Chinese maker of devices for spine trauma surgeries. The deal is valued at approximately US$764 million, or HK$7.50 per share. www.stryker.com

BAA has received three bids for Stansted Airport, Britain's fourth-largest airport, according to multiple press reports. The deal could be worth more than £1 billion, with suitors including Macquarie Group, Malaysia Airports Holdings and Manchester Airports Group. TPG Capital also had expressed interest, but did not submit a bid. www.stanstedairport.com

ArcelorMittal SA and Brazil's Cia. Siderúrgica Nacional SA are the frontrunners for steel mills being sold by Germany's ThyssenKrupp AG, according to Reuters. ArcelorMittal is offering $1.5 billion for a plant in Alabama, while CSN is offering $3.8 billion for both the Alabama facility and a majority stake in a Brazilian mill. www.thyssenkrupp.com

Aurora Capital Group has hired Goldman Sachs to run an auction for NuCO2 Inc., a Stuart, Fla.-based provider of bulk CO2 products and services to the U.S. fountain beverage industry, according to Reuters. The deal could be worth more than $1 billion. Aurora took NoCO2 private in May 2008 for approximately $487 million. www.nuco2.com

Aviva PLC (LSE: AV) and CIMB have agreed to sell a 98% stake in their Malaysian insurance joint venture to Sun Life Financial (TSX: SLF) and Malaysian sovereign wealth fund Khazanah for approximately US$594 million. www.sunlife.com

AT&T (NYSE: T) is "considering buying a counterpart in Europe," according to The Wall Street Journal. www.att.com

Goldman Sachs said during its earnings call that it will explore a sale of a majority stake in its reinsurance business, which generated just nearly $1.1 billion of revenue last year. www.goldmansachs.com

American Capital has sold Lifoam Holdings Inc., a Hunt Valley, Md.–based maker of EPS Foam shippers for various industries, to Jarden Corp. (NYSE: JAH). American Capital reports that it booked a $14 million gain on its original investment, after receiving $60 million in debt and equity proceeds. www.lifoam.com

Hewlett-Packard (NYSE: HPQ) recently received inbound interest in both its Autonomy and Electronic Data Systems units, according to multiple press reports. HP said in a recent filing that it would consider selling businesses that "that may no longer help us meet our objectives." www.hp.com

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

Posted in:
Join the Conversation
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.

Email a Tip | @danprimack | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.