Markets & Finance

Bid & Ask: The Deals of the Week

By on February 23, 2012

Markets & Finance

Bid & Ask: The Deals of the Week

Companies Mentioned

  • GS

    Goldman Sachs Group Inc/The

    • $157.51 USD
    • -1.83
    • -1.16%
  • YHOO

    Yahoo! Inc

    • $26.22 USD
    • -0.32
    • -1.22%
  • URS

    URS Corp

    • $48.27 USD
    • -0.04
    • -0.08%
  • SBAC

    SBA Communications Corp

    • $78.0 USD
    • -0.52
    • -0.66%
  • FTS

    Fortis Inc/Canada

    • $33.78 CAD
    • -0.08
    • -0.24%
  • CHG

    CH Energy Group Inc

    • $64.56 USD
    • -0.03
    • -0.05%
  • LABB

    Genomma Lab Internacional SAB de CV

    • $26.69 MXN
    • -0.34
    • -1.27%
  • PBH

    Prestige Brands Holdings Inc

    • $28.36 USD
    • -0.23
    • -0.81%
Market data is delayed at least 15 minutes.

1. British private equity firm BC Partners raised $8.6 billion to pursue leveraged buyouts in Europe. It surpassed its target, thanks in part to investments from sovereign wealth funds.

2. Advent International and Goldman Sachs Group’s (GS) private equity unit agreed to buy TransUnion, valuing the credit information provider at more than $3 billion.

3. Alibaba Group Holding offered Yahoo! (YHOO) as much as $2.5 billion for its stake in Alibaba.com, aiming to gain full control of China’s biggest business-to-business e-commerce site.

4. Royal Dutch Shell (RDS.A) bid $1.6 billion for African explorer Cove Energy (COV) to gain a foothold in Mozambique, where Cove recently made one of the world’s largest gas discoveries in a decade.

5. Japan’s Mitsubishi will pay $1.5 billion for a 40 percent stake in Encana’s undeveloped Cutbank Ridge natural gas holdings in British Columbia.

6. San Francisco construction company URS (URS) will acquire Flint Energy Services for $1.3 billion, expanding its presence in Canada’s oil and natural gas industry.

7. Wireless tower operator SBA Communications (SBAC) is buying more than 2,300 tower sites in the U.S. and Central America and other assets from Mobilitie for about $1.1 billion in cash and stock.

8. Fortis (FTS), owner of utilities in Canada and the Caribbean, will pay $968.5 million for CH Energy Group (CHG), a company that sells power and natural gas to customers north of New York City.

9. Genomma Lab Internacional (LABB), a Mexican maker of over-the-counter drugs, has bid $834 million for Prestige Brands Holdings (PBH), a distributor of health-care and cleaning products.

10. Cosan Indústria e Comércio, which controls the world’s No. 1 sugar port terminal, is paying $522.8 million for a stake in Latin American railroad company ALL América Latina Logística.

Winter is a reporter for Bloomberg Businessweek in New York.
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