Markets & Finance

Bid & Ask: The Deals of the Week

By on July 12, 2012

Markets & Finance

Bid & Ask: The Deals of the Week

Companies Mentioned

  • WLP

    WellPoint Inc

    • $76.98 USD
    • -1.00
    • -1.3%
  • INTC

    Intel Corp

    • $23.92 USD
    • -0.13
    • -0.53%
  • ASML

    ASML Holding NV

    • $81.3 USD
    • 1.24
    • 1.53%
  • CMCSA

    Comcast Corp

    • $41.95 USD
    • 0.13
    • 0.31%
  • DIS

    Walt Disney Co/The

    • $65.49 USD
    • 0.26
    • 0.4%
  • GS

    Goldman Sachs Group Inc/The

    • $158.72 USD
    • 1.31
    • 0.83%
  • OCX

    Onex Corp

    • $49.07 CAD
    • -0.37
    • -0.75%
  • CPB

    Campbell Soup Co

    • $45.64 USD
    • -0.12
    • -0.26%
  • TRI

    Thomson Reuters Corp

    • $35.23 USD
    • 0.16
    • 0.45%
  • UNT

    Unit Corp

    • $45.09 USD
    • -0.11
    • -0.24%
  • NBL

    Noble Energy Inc

    • $117.38 USD
    • -1.37
    • -1.17%
  • DRH

    DiamondRock Hospitality Co

    • $9.51 USD
    • 0.06
    • 0.63%
  • BX

    Blackstone Group LP

    • $22.65 USD
    • 0.40
    • 1.77%
Market data is delayed at least 15 minutes.

1. U.S. health insurer WellPoint (WLP) will pay $4.9 billion for Amerigroup (AGP), a move that may spur a wave of acquisitions as companies compete to manage an expanding Medicaid market.

2. The world’s No. 1 semiconductor maker, Intel (INTC), agreed to invest as much as $4.1 billion in Dutch chip equipment maker ASML Holding (ASML) to speed development of new production techniques.

3. Comcast’s (CMCSA) NBCUniversal entertainment unit will sell its 15.8 percent stake in A&E Networks to co-owners Walt Disney (DIS) and Hearst for $3 billion.

4. Hawker Beechcraft, the bankrupt business jet maker owned by Goldman Sachs Group (GS) and Onex (OCX), may draw more auction bids after agreeing to sell itself to Superior Aviation Beijing for $1.8 billion.

5. The world’s largest soupmaker, Campbell Soup (CPB), will pay about $1.6 billion for California-based Bolthouse Farms to bolster its juice business.

6. New York-based Thomson Reuters (TRI), a financial news and information provider, is buying FX Alliance (FX) for about $620 million to gain access to more than 1,300 clients.

7. Energy company Unit (UNT) will pay $617 million for oil and natural gas assets in Texas and Oklahoma from Noble Energy (NBL).

8. DiamondRock Hospitality (DRH) agreed to acquire a portfolio of four hotels, including the Hilton Boston and the Westin Washington D.C., from affiliates of Blackstone Real Estate Partners VI (BX) for $495 million.

9. Aiming to repay debt, Fender Musical Instruments, the No. 1 seller of guitars in the U.S., filed to raise as much as $161 million in an IPO.

10. India paid a reported $1.1 million for a collection of letters, papers, photos, and artifacts relating to Mahatma Gandhi. The archive was formerly owned by the architect Hermann Kallenbach, a close friend of Gandhi’s.

Ghandi photograph by Hulton Archive/Getty Images
Winter is a reporter for Bloomberg Businessweek in New York.
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