Bid & Ask

Compiled by Caroline Winter


• United Parcel Service is buying Netherlands-based TNT Express for $6.8 billion. The deal will double its size in Europe and put it on an equal footing there with Deutsche Post DHL.

• Commodity supplier Glencore International, in partnership with Agrium and Richardson International, will pay $6.2 billion for Viterra to add grain assets in Canada and Australia.

• Williams Partners, the third-largest U.S. pipeline partnership, will buy a natural gas pipeline system in the Marcellus Shale from Caiman Energy for $2.5 billion in cash and equity.

• After failing to find a buyer last year, AboveNet, a New York-based operator of fiber-optic networks, agreed to be bought by Zayo Group for $2.2 billion.

Vista Equity Partners will acquire Misys for $2.1 billion and plans to combine the British financial software maker with Turaz, a risk-management software maker recently bought by Vista.

• India’s Tech Mahindra will buy the 57 percent of Satyam Computer Services it doesn’t already own in a deal that values the company at $1.8 billion.

• Dutch cable company Ziggo raised about $1.1 billion selling shares at the top end of its target price range in the richest IPO in Europe this year.

• In its biggest purchase since Zappos, agreed to pay $775 million for Kiva Systems, a maker of robots that move items around warehouses.

• Germany’s Siemens will pay U.K.-based oil and gas operation-services company Expro $621 million for a unit that makes equipment for subsea power grids.

• A 5,800-square-foot Victorian-style home in downtown Aspen, Colo., co-owned by actor Jack Nicholson and music entrepreneur Lou Adler, his Lakers seatmate, is on the market for $15 million.


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