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Noteworthy expenditures of the week

1. BP (BP) agreed to a share swap with Russian state oil producer Rosneft to build a strategic global alliance. BP will get a 9.5 percent stake in exchange for 5 percent of its shares, valued at $7.8 billion.

2. Texas-based construction giant Fluor (FLR) won a contract valued at $3.5 billion to help build a liquefied natural gas project in Queensland state for Australian oil producer Santos.

3. American International Group agreed to sell Taipei-based Nan Shan Life Insurance to investors led by Ruentex Group for $2.16 billion.

4. Target (TGT) will pay $1.85 billion for store leases in Canada, expanding outside the U.S. for the first time. It plans to open 100 to 150 stores there by 2014.

5. Investment firm Fairholme Capital Management will sell its stake in shopping mall owner General Growth Properties (GGP) to Brookfield Asset Management (BAM) for about $1.7 billion.

6. Advent International agreed to pay Royal Bank of Scotland (RBS) $1.48 billion for Priory Group, a U.K. operator of mental health and addiction clinics that has treated celebrities such as Kate Moss.

7. Investment company Criteria CaixaCorp will sell 50 percent of its non-life-insurance unit VidaCaixa Adeslas to Spanish insurer Mutua Madrilena for $1.4 billion.

8. Comerica (CMA), the Dallas-based bank that posted annual profits throughout the financial crisis, will buy Houston-based lender Sterling Bancshares (SBIB) for roughly $1.03 billion in stock.

9. Meggitt, the U.K. maker of airplane-engine-monitoring systems, agreed to buy Pacific Scientific Aerospace from Danaher (DHR) for $685 million to expand its range of firefighting products.

10. Airbus increased the list price of its A380 superjumbo by $29 million, to $375.3 million. The A380 had 240 orders from 18 customers as of Jan. 6.

Winter is a reporter for Bloomberg Businessweek.

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