Markets & Finance

Bid & Ask: The Deals of the Week

August 04, 2011

Companies Mentioned

  • AMX

    America Movil SAB de CV

    • $21.16 USD
    • 0.36
    • 1.7%
  • FMS

    Fresenius Medical Care AG & Co KGaA

    • $33.96 USD
    • -0.26
    • -0.77%
  • GE

    General Electric Co

    • $22.32 USD
    • 0.17
    • 0.76%
  • HBC

    HSBC Holdings PLC

    • $55.3 USD
    • 0.50
    • 0.9%
  • FNFG

    First Niagara Financial Group Inc

    • $9.34 USD
    • 0.07
    • 0.75%
  • WIN

    Windstream Corp

    • $8.38 USD
    • -0.11
    • -1.31%
Market data is delayed at least 15 minutes.

1. Billionaire Carlos Slim’s wireless carrier América Móvil (AMX) offered about $6.5 billion for the 40.4 percent it doesn’t already own of Teléfonos de México (TMX), the nation’s largest fixed-line carrier.

2. Kirin, Japan’s No. 2 brewer, paid $2.5 billion for Aleadri-Schinni Participações e Representações, a company that holds 50.5 percent of Brazil’s No. 2 beermaker.

3. Hong Kong office and shopping mall landlord Swire Pacific agreed to sell its Festival Walk shopping center for $2.4 billion to a unit of Singapore’s state-owned investment firm Temasek.

4. Germany’s Fresenius Medical Care (FMS) agreed to pay $1.7 billion for Mercer Island (Wash.)-based Liberty Dialysis to expand its U.S. clinic network.

5. General Electric (GE) and SeaCo are selling GE SeaCo, their jointly owned shipping-container lessor, for $1.1 billion to HNA Group and Bravia Capital. GE will get about $500 million from the deal.

6. HSBC (HBC) agreed to sell its upstate New York branch network to First Niagara Financial Group (FNFG) for about $1 billion as it pares U.S. operations.

7. Looking to add satellite-based mobile communication services, EADS will pay Apax Partners $960 million for Paris-based Vizada.

8. Arkansas-based telecommunications services provider Windstream (WIN) is paying about $891 million for New York’s Paetec (PAET) to add broadband network assets. It will also assume or refinance $1.4 billion of Paetec’s debt.

9. Oil field services company Archer will acquire all the operating companies of Great White Energy Services for $742 million. Great White specializes in extracting oil and gas from shale.

10. Twitter raised $400 million from Digital Sky Techologies, the investment fund led by Russian billionaire Yuri Milner, says a person with knowledge of the deal.

Winter is a reporter for Bloomberg Businessweek in New York.
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