Bid/Ask

By Evan Applegate

ILLUSTRATION BY OSCAR BOLTON GREEN

$11.9b

Loblaw buys Shoppers Drug Mart. The Canadian supermarket chain will gain 1,240 drugstores in the nation’s largest retail acquisition to date. The purchase of Shoppers’ smaller, inner-city stores will help Loblaw avoid direct competition with Target and Wal-Mart Stores, which are opening big suburban outlets as part of an aggressive expansion into Canada.

$5b

Schneider Electric bids for Invensys. Analysts at Makor Capital don’t see any other companies making offers for the British industrial control system firm.

$1.9b

Baidu acquires app store 91 Wireless. The owner of China’s largest search engine hopes to get more cell phone users to download its mobile app.

$1.3b

Bally Technologies buys SHFL Entertainment. The slot machine maker will gain increased presence on casino floors in vital Asian and Australian markets.

$1.2b

AT&T purchases Leap Wireless International. The deal continues consolidation in the industry and expands the telecom giant’s pay-as-you-go offerings.

$1b

Brazilian phone company Oi sells assets. Grupo BTG Pactual will receive undersea cables, and SBA Communications will get use of transmission towers.

$680m

MB Financial buys Taylor Capital Group. The commercial bank will pay a 24 percent premium to merge with its fellow Chicago-based lender.

$560m

Abbott Laboratories acquires Idev Technologies and OptiMedica. The medical device maker will get a new arterial stent and a laser system for cataract surgery.

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