Carlyle Europe Partners III LP to buy De La Rue Cash Systems GmbH from De La Rue Plc for $701 million
Washington, D.C.-based private equity firm Carlyle agreed to acquire Walldorf, Germany-based De La Rue, which provides cash handling technology products focused on authenticating, counting, and sorting banknotes. The seller is De La Rue Plc, of Basingstoke, UK, a security printing and payment systems company. Completion of the transaction is expected by the end of September.
Seller financial advisor: JPMorgan, Rothschild
Bidder financial advisor: UBS
Seller legal advisor: Ashurst
Bidder legal advisor: Not available

Polaris Acquisition Corp. to buy Hughes Telematics Inc. from Apollo Management LP for $638 million
Fort Lee, N.J.-based Polaris a so-called blank check or special purpose acquisition company, agreed to acquire Atlanta-based Hughes Telematics, a provider of vehicle information-based technologies and services from Apollo, the New York City-based private equity firm. The transaction is expected to be completed in the first quarter of 2009.
Seller financial advisor: Pali Capital
Bidder financial advisor: Duff & Phelps, Lazard
Seller legal advisor: Skadden Arps Slate Meagher & Flom
Bidder legal advisor: Clifford Chance

Jones Lang LaSalle Inc. to buy The Staubach Co. for $613 million
Chicago-based real estate and money management concern Jones Lang LaSalle agreed to acquire Addison, Tex.-based real estate advisory firm Staubach for cash and stock. The transactiont is expected to close in the third quarter.
Seller financial advisor: JPMorgan Bidder financial advisor: Morgan Stanley Seller legal advisor: Gardere Wynne Sewell
Bidder legal advisor: Wachtell Lipton Rosen & Katz

Bain Capital LLC to buy D&M Holdings Inc. for $576 million
Boston-based private equity firm Bain agreed to acquire all shares of Tokyo-based audo electronic parts maker D&M for $4.74 a share, a premium of 8.5 percent. The offer price is $441 million before including debt.
Seller financial advisor: Morgan Stanley Bidder financial advisor: Goldman Sachs, Lehman Brothers Seller legal advisor: Cravath Swaine & Moore, Freshfields Bruckhaus Deringer Bidder legal advisor: Ropes & Gray

BreitBurn Energy Partners LP to buy a 22-percent stake in BreitBurn Energy Partners LP and a 96-percent stake in BreitBurn GP LLC from Provident Energy Trust for $345 million
Los Angeles-based oil exploration and production company BreitBurn Energy agreed to acquire the stakes from Alberta, Canada-based Provident Energy Trust, an energy income trust.
Seller financial advisor: Morgan Stanley Bidder financial advisor: Merrill Lynch Seller legal advisor: Andrews Kurth, Macleod Dixon
Bidder legal advisor: Vinson & Elkins

source: mergermarket

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