Term Sheet

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

Mergers & acquisitions

February 5, 2013: 10:11 AM ET

CR Snow, a joint venture between SABMiller (LSE: SAB) and China Resource Enterprise (HK: 0291) has agreed to acquire Asian beer company Kingway Brewery (HK: 0124) for approximately $863 million.www.kingwaybeer.hk

Jawbone
, a San Francisco-based maker of audio devices and wearable technology, has acquired bothVisere and Massive Health. Visere is a digital design firm, while Massive Health created an iPhone app for improving eating habits. No financial terms were disclosed. San Francisco-based Massive Health had been seeded by Andreessen Horowitz, Charles River Ventures, Greylock Partners, Mohr Davidow Ventures and Felicis Ventures. Jawbone has raised over $200 million from Andreessen Horowitz, Khosla Ventures, Sequoia Capital, Kleiner Perkins Caufield & Byers and Deutsche Telekom.www.jawbone.com

Apax Partners and LBO France have retained Lazard and Messier Maris to find a buyer for French furniture store chain Maisons du Monde, according to Reuters. The deal could be valued at more than €700 million. www.maisonsdumonde.com

AOL is in talks to acquire consumer electronics review site GDGT, according to TechCrunch. GDGT has raised $3.7 million in VC funding from such firms as AOL Ventures, Betaworks, Spark Capital, True Ventures and Lerer Ventures. www.aol.com

GlaxoSmithKline (LSE: GSK) has increased its stake in its publicly-traded Indian consumer health subsidiary from 43.2% to 72.5%. www.glaxosmithkline.com

Virgin Media (Nasdaq: VMED) said that it is in talks to be acquired by Liberty Global (Nasdaq: LBTY). Virgin Media shares spiked nearly 15% on the news, giving it a market cap of around $10.4 billion.www.virginmedia.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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