Term Sheet

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

Mergers & acquisitions

February 13, 2013: 10:28 AM ET

Comcast (Nasdaq: CMCS) has agreed to acquire the 49% stake it doesn't already hold in NBCUniversalfrom General Electric (NYSE: GE) for $16.7 billion.

AdVantage Networks (OTC BB: JMGE) has acquired New York-based travel and lifestyle media company Travora Media. No financial terms were disclosed. Travora had raised VC funding from Eastward Capital Partners, Rho Capital Partners, StarVest Partners, Tenaya Capital and Village Ventures. www.travoramedia.com

Ryanair (Ireland: RY4B) said that the European Commission "intends to prohibit" its €694 million takeover bid for Aer Lingus (Ireland: EIL1), and that it plans to appeal the decision. www.aerlingus.com

, a Dutch oil trading firm, has offered to acquire Canadian oil and gas company Sterling Resources(TSX: SLV) for C$192 million, or C$0.85 per share (79% premium to yesterday's closing price).www.vitol.com

Vodafone is planning to purchase Kabel Deutschland, according to a German press report. News of the possible offer sent Kabel Deutschland shares up more than 13%, to a market cap of approximately €5.6 billion.

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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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