The word coming out of Broadcom is that it's fully prepared to nominate a slate of directors for Qualcomm by the Dec. 8 deadline, unless the two chipmakers agree to a merger beforehand. Or, put another way, Broadcom will nominate a slate of directors for Qualcomm by the Dec. 8 deadline.
• All hail breaks loose: SoftBank still has not launched its tender for Uber shares, and is not to expect it until next week at the earliest. I'm also told that, once the 20-business day clock does begin, SoftBank has the ability to change its offer price at least once within the tender period.
• Big name hire: Former U.S. Treasury Secretary Jack Lew has joined private equity firm Lindsey Goldberg as a partner.
• Meredith cries wolf: Time Inc. rank-and-file I speak with aren't thrilled about the prospect of a Koch-backed takeover bid from Meredith, but they also aren't too freaked out yet — largely because Meredith has been "preparing a takeover bid" several times before. Until something official crosses the wire, many Time employees won't believe it.
• Silver stitching: I spoke on Friday with Stitch Fix CEO Katrina Lake about her company's IPO price disappointment, competing with Amazon and its focus on profitability over unicorn fundraising. Read it here.
• Symmetry: We're still waiting to see if the Justice Dept. will do it alone in blocking AT&T's proposed takeover of Time Warner, after getting shut out by state AGs. In the meantime, let's remember that AT&T has some Thanksgiving week history when it comes to mega-mergers:
Alibaba Group (NYSE: BABA) has agreed to invest around $2.87 billion for a 36.16% stake in Chinese hypermart operator Sun Art (HK: 6808).
• Shouqi Limousine & Chauffeur, a Chinese ride-booking app backed by local taxi company Shouqi Group, has raised around $105 million in Series B funding from NIO Capital, Baidu and Silk Road Huachuang Beijing. http://axios.link/LMZM
• Deliveroo, a London-based food delivery company, has raised $98 million in additional Series F funding (bringing the round total to $482m). No word on new investors. Existing backers include T. Rowe Price, Fidelity, DST Global, General Catalyst, Accel and Index Ventures. http://axios.link/5Y1b
• aCommerce, a Bangkok-based e-commerce enabler for existing brands, has raised $65 million in Series B funding. KKR-backed Emerald Media led, and was joined by return backers Blue Sky, MDI Ventures and DKSH. http://axios.link/hdjY
• GoSpotCheck, a Denver-based field execution management SaaS platform, has raised $21.5 million in Series B1 funding co-led by return backers Insight Venture Partners and Point Nine Capital. http://axios.link/sJ57
• Scalyr, a San Mateo, Calif.-based log management and server monitoring service, has raised $20 million in Series A funding. Shasta Ventures led, and was joined by return backers Bloomberg Beta, Susa Ventures and Heroic Ventures. www.scalyr.com
• Trocafone, a Brazil-based online marketplace for used electronics, has raised $15 million in new VC funding from Callfort, MIT Castor Ventures Fund, FJ Labs, Rocketship and the Mercado Libre Fund. http://axios.link/wQLI
🚑 Oviva, developer of an anti-obesity app, has raised $12 million in Series A funding from Albion Capital, Eight Roads Ventures, F-Prime Capital Partners, Partech Ventures and Walking Ventures. http://axios.link/2Nqy
🚑 Ncardia, a Belgium-based developer of stem cell-derived therapies for cardiac and neural conditions, has raised €10.5 million in Series B funding led by Épimède. www.ncardia.com
• AISense, a Los Altos, Calif.-based provider of voice conversation digitization software, has raised $10 million in Series A funding. Horizons Ventures led, and was joined by Draper Associates and DraperDragon Fund. www.aisense.com
• VidMob, a New York-based video creation network and platform, has raised $7.5 million in Series A funding from Manifest Investment Partners, Interlock Partners, Stampede Ventures, Acadia Woods Partners and Macanta Investments. http://axios.link/8Fl0
• Tech in Asia, a Singapore-based media and events startup, has raised $6.6 million in funding led by South Korean conglomerate Hanwha. http://axios.link/zzxJ
• Zego, a UK-based pay-as-you-go insurance provider, has raised £6 million in Series A funding from Balderton Capital. http://axios.link/XmFf
🚑 Physera, a Palo Alto, Calif.-based app for managing physical therapy, has raised $2.8 million from Innovation Endeavors, Lux Capital, Expa, Slow Ventures and iD Ventures. http://axios.link/QRsx
• Gainfully, a San Francisco-based B2B insurance and financial distribution marketplace, has raised $2.5 million in funding led by MassMutual Ventures. www.gainful.ly
• Tortuga Logic, a Palo Alto, Calif.-based developer of chip-level system security solutions, has raised $2 million in seed funding from Eclipse Ventures. http://axios.link/hhHc
• Visage, a San Francisco-based job candidate sourcing startup, has raised $1.5 million in seed funding from the Urban Innovation Fund, GrowthX, NewFund and FundersClub. www.visage.jobs
⛽ Ancala Partners has acquired stakes in two North Sea gas pipelines from Apache Corp. (NYSE: APA). http://axios.link/xfaV
• Blue Equity has acquired Liquor Barn, a Kentucky chain of alcohol retailers, from Liquor Stores (TSX: LIQ). www.blueequity.com
⛽ FCX Performance, a Columbus, Ohio-based portfolio company of Harvest Partners, has acquired The Eads Co., a Stafford, Texas-based distributor of flow control products to end markets like petrochemical, from CapStreet. www.fcxperformance.com
• KKR and Nordic Capital are circling Hyperion, a Fair Lawn, N.J.-based manufacturer of metal cutting and drilling equipment, which is currently owned by Swiss-listed Sandvik, according to Reuters. Binding offers are due next month for Hyperion, which is expected to fetch more than $400 million. http://axios.link/YpJb
• Casa Systems, an Andover, Mass.-based maker of cable and mobile edge devices, has filed for a $150 million IPO. It plans to trade on the Nasdaq under ticker CASA, with Morgan Stanley and Barclays serving as lead underwriters. The company reports $6 million of net income on $234 million in revenue for the first nine months of 2017. Shareholders include Summit Partners (52% pre-IPO stake) and Liberty Global Ventures (6%). www.casa-systems.com
• Marvell Technology Group (Nasdaq: MRVL) has agreed to acquire rival chipmaker Cavium (Nasdaq: CAVM) for around $6 billion, according to Reuters. http://axios.link/aoJ6
• Santander is in talks to buy most of Deutsche Bank's business in Poland, per Reuters. http://axios.link/sRNZ
• Maria Contreras-Sweet, former head of the U.S. Small Business Administration, is part of an investor consortium that it offering $275 million to buy embattled film producer The Weinstein Co. http://axios.link/2VhG
⛽ Vale SA has agreed to sell its fertilizer manufacturing facility in Cubatão, Brazil to Norway's Yara International for $255 million. http://axios.link/UBU7
⛽ VNG, a German gas supplier, has hired Citi to sell a 51% stake in its Norwegian and Danish business, according to Reuters. The deal could be worth up to $500 million. http://axios.link/tbBG
• The Canada Pension Plan Investment Board is considering investing in new venture capital funds again, more than a decade after bailing on the asset class. http://axios.link/SJfm
• Crosslink Capital is raising up to $250 million for its eighth VC fund, according to an SEC filing. www.crosslinkcapital.com
• SK Telecom, Hyundai Motor Co., Hanwha and Element AI have formed a $45 million venture fund focused on global AI startups. http://axios.link/Yjmp
• Sarah Catanzaro has joined VC firm Amplify Partners as a principal. She previously was a data partner with Canvas Ventures and, before that, head of data for Mattermark. www.amplifypartners.com
• Pierre-Olivier Desplanches has joined Montagu Private Equity as a Paris-based director, after having spent the past two decades with The Carlyle Group. http://axios.link/hVuj
• Shasta Ventures has promoted principals Nikhil Basu Trivedi, Jacob Mullins and Nitin Chopra to partner. http://axios.link/brBM
More year-to-date debt data from Thomson Reuters: