Mutares acquires Magna auto suppliers; Sterling acquires Healthcare Linen

Deal Wrap is updated as of 3 p.m. ET.

– Mutares SE & Co. KGaA is set to acquire two automotive supplier businesses from Magna International Inc. The deals include Magna's European lighting business and its car top systems business.

– The Sterling Group LP acquired linen supply company Healthcare Linen Services Group LLC from Yorke Capital Management LLC. Stephens Inc. was financial adviser and Latham & Walkins was legal adviser to Sterling. BofA Securities was financial adviser and Sidley Austin LLP was legal adviser to HLSG.

– Qiming Weichuang Venture Capital Management (Shanghai) Company Ltd. led the $54 million series A round of Vivatides Therapeutics, with participation from HighLight Capital, TF Capital and Apricot Capital.

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