Bid & Ask

Compiled by Caroline Winter

YOUKU: KEITH BEDFORD/BLOOMBERG; TUBE: FSTOP/GETTY IMAGES; CAR: DARIN SCHNABEL COURTESY RM AUCTIONS

• Iceland Foods CEO Malcolm Walker teamed up with investors including DFS Furniture founder Graham Kirkham to acquire the British budget supermarket chain from its Icelandic owners for $2.3 billion.

• Japanese maker of synthetic fibers and industrial chemicals Asahi Kasei is buying Zoll Medical for $2.2 billion to boost sales in Asia and gain critical-care products for hospitals.

• UnionBanCal, the California-based bank acquired by Mitsubishi UFJ Financial Group in 2008, will pay $1.5 billion for Pacific Capital Bancorp to fuel instate expansion.

• Youku, owner of China’s most popular online video site, plans to acquire rival Tudou Holdings in a $1 billion stock deal that it hopes will lower costs.

• Asset manager Apollo Global Management is buying indoor waterpark operator Great Wolf Resorts for about $703 million including debt.

• London Stock Exchange Group will pay $613 million for a majority stake in the world’s No. 1 swaps clearinghouse, LCH.Clearnet Group, to broaden its post-trade service offerings.

• Zynga, the social-gaming company that held its IPO in December, is planning a secondary stock offering of $400 million.

• Tire supplier TBC will pay about $173 million for Midas, the operator of its namesake and SpeeDee automotive service centers. TBC will get more than 2,250 Midas shops in 14 countries.

• The third-largest equity exchange operator in the U.S., Bats Global Markets, is seeking as much as $113.3 million in an initial public offering.

• The Corvette in which actor Paul Newman won his last race, almost exactly one year before his 2008 death, fetched $275,000 at auction. The race car is now painted with a large “83,” signifying Newman’s age when he died.

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