Bid/Ask

By Evan Applegate

ILLUSTRATION BY OSCAR BOLTON GREEN

$2.6b

LVMH Moët Hennessy Louis Vuitton buys 80 percent of Loro Piana. The Italian clothier, known for $1,400 cashmere sweaters and a $6,000 sports coat woven from lotus flower fibers, will help LVMH boost sales in the top-tier luxury goods market. The conglomerate’s flagship brand, Louis Vuitton, has seen sluggish growth as wealthy consumers seek ever-more exclusive items.

$2.5b

Kroger acquires Harris Teeter Supermarkets. The largest U.S. grocery chain will gain 212 stores in the Southeast, bringing its total to 2,631 locations.

$1b

Hulu gets takeover bids. DirecTV and a partnership of Chernin Group and AT&T submitted similar offers for the online video service, people familiar with the matter say.

$763m

Deutsche Annington Immobilien begins IPO. The German property manager, controlled by Terra Firma Capital Partners, had delayed the offering by a week.

$707m

British Land buys commercial property around Paddington Station. The developer anticipates an influx of tenants after a high-speed rail line opens in 2018.

$692m

Enstar Group acquires Torus Insurance Holdings. The deal adds more companies to the insurer’s portfolio only a month after its purchase of Atrium Underwriting Group.

$458m

Theolia sells itself to Macquarie Group. The struggling French wind farm operator hopes to bounce back after the financial crisis dried up its project financing.

$112m

Hasbro moves into mobile games with purchase of Backflip Studios. The toymaker’s revenue has slid as children shun toys for tablets and phone apps.

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