Bid & Ask

Bid & Ask: The Deals of the Week

By on July 19, 2012

Bid & Ask

Bid & Ask: The Deals of the Week

Companies Mentioned

  • OCBC

    Oversea-Chinese Banking Corp Ltd

    • $11.13 SGD
    • -0.04
    • -0.36%
  • FNH

    Fraser & Neave Holdings Bhd

    • $18.24 MYR
    • 0.04
    • 0.22%
  • TMO

    Thermo Fisher Scientific Inc

    • $86.27 USD
    • 0.77
    • 0.89%
  • 009540

    Hyundai Heavy Industries Co Ltd

    • $205000.0 KRW
    • 0.00
    • 0.0%
  • STT

    State Street Corp

    • $65.16 USD
    • 1.35
    • 2.07%
  • GS

    Goldman Sachs Group Inc/The

    • $158.18 USD
    • 3.71
    • 2.35%
  • HST

    Host Hotels & Resorts Inc

    • $18.77 USD
    • 0.07
    • 0.37%
  • 005930

    Samsung Electronics Co Ltd

    • $1497000.0 KRW
    • -11000.00
    • -0.73%
  • CSR

    CSR PLC

    • $561.0 GBp
    • 0.00
    • 0.0%
  • CMCSA

    Comcast Corp

    • $42.64 USD
    • -0.23
    • -0.54%
  • MSFT

    Microsoft Corp

    • $34.87 USD
    • 0.79
    • 2.27%
  • RGS

    Regis Corp

    • $18.63 USD
    • 0.15
    • 0.81%
Market data is delayed at least 15 minutes.

1. TCC Group, owner of Thailand’s biggest beermaker, offered to buy Oversea-Chinese Banking’s (OCBC) $2.3 billion combined stake in Fraser & Neave (FNH) and Asia Pacific Breweries (APB), according to two people with knowledge of the matter.

2. TPG Capital will pay $1.9 billion for generic drugmaker Par Pharmaceutical (PRX), as the private equity firm looks to profit from insurer efforts to curtail health-care costs.

3. The world’s No. 2 health-care equipment maker, Thermo Fisher Scientific (TMO), will acquire closely held One Lambda for about $925 million to expand in transplant diagnostics.

4. Dublin-based packaging company Ardagh Group will purchase Anchor Glass Container from Wayzata Investment Partners funds for $880 million.

5. Hyundai Heavy Industries (009540), the world’s No. 1 shipbuilder, sold a $617 million stake in Hyundai Motor after one of its units shelved a stock sale plan.

6. State Street (STT), which manages money and provides financial services to institutions, purchased Goldman Sachs Group’s (GS) hedge fund administration unit for $550 million.

7. U.S. lodging real estate investment trust Host Hotels & Resorts (HST) bought the Grand Hyatt Washington for about $400 million.

8. The world’s No. 1 mobile-phone maker, Samsung Electronics (005930), is buying CSR’s (CSR) wireless unit for $310 million. CSR’s technology is used in headphones and other products.

9. Comcast’s (CMCSA) NBCUniversal paid about $300 million to buy out Microsoft’s (MSFT) half of their msnbc.com news website joint venture, according to a person with knowledge of the deal.

10. Salon operator Regis (RGS) is selling its hair restoration division, Hair Club for Men & Women, to Aderans, a Japanese wigmaker and hair salon operator, for $164 million.

Hyundai: Mark Elias/Bloomberg; Hair: Ryan McVay/Stone/Getty Images; Pills: Thomas Northcut/Photodisc/Getty Images
Winter is a reporter for Bloomberg Businessweek in New York.
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