Bid & Ask

Bid & Ask: The Deals of the Week


1. TCC Group, owner of Thailand’s biggest beermaker, offered to buy Oversea-Chinese Banking’s (OCBC:SP) $2.3 billion combined stake in Fraser & Neave (FNH:MK) and Asia Pacific Breweries (APB:SP), 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:KS), 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:KS), is buying CSR’s (CSR:LN) 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
Cwinter
Winter is a reporter for Bloomberg Businessweek in New York.

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