Mergers & Acquisitions Roundup Monday

Eldorado Gold (NYSE: EGO) announced it will acquire European Goldfields (PINK: EGFDF.PK) for roughly $2.5 billion Canadian. The deal enhances Eldorado’s project pipeline and creates a “premier high growth, low cost intermediate gold producer” with a market cap of $11 billion Canadian.

Potash Corp. (NYSE: POT)which is from Canada has asked for approval from the Israeli government to raise its stake in rival Israel Chemicals (PINK: ISCHY.PK) to 25% from 13.9%, reports say. Buying the extra 11.1% could cost Potash around 5.23 billion shekels ($1.38 billion). Market players reckon the move could be a prelude to taking full control of ICL.

Bank of Ireland (NYSE: IRE) agrees to sell U.K.-based lender Burdale to Wells Fargo (NYSE: WFC) for around 690 million euros, bringing Bank of Ireland closer to its target of selling 10 billion euros in assets under a European Union – International Monetary Fund bailout. The latest deal takes BOI to 8.6 billion euros.

VistaPrint (NASDAQ: VPRT) is acquiring Webs, a provider of tools allowing small businesses to build websites, Facebook pages, and “mobile presence solutions,” for $117.5 million in cash and restricted stock. Webs’ solutions complement VistaPrint’s branded product for small businesses.

Lennar (NYSE: LEN) is expanding its presence in the Pacific Northwest, acquiring 650 finished homesites from Seattle-based builder Premier Communities. Lennar is also announcing plans to build new homes in the Portland area. The news comes a month after Toll Brothers (NYSE: TOL) acquired a builder of Seattle-area luxury homes.

Belden (NYSE: BDC) , a networking cable maker trades lower after stating it will make a $22 Canadian/share offer for RuggedCom (PINK: RUGGF.PK), a Canadian maker of industrial-grade networking gear. RuggedCom says it has formed a special committee to evaluate Belden’s proposal. Its shares are currently trading at $22.66 Canadian on the Toronto exchange (up 66.5%), which suggests investors expect a higher bid.

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