Bid & Ask

1. British oil driller Ensco is buying U.S. rival Pride International (PDE), for $7.3 billion. The deal will give Ensco exposure to Brazil and West Africa.

2. 3M's (MMM) board approved a stock-buyback plan of as much as $7 billion. The sum would cover about 11 percent of shares outstanding at the current price.

3. Danaher (DHR), a Washington-based company that sells microscopes and water-treatment systems, offered $6.8 billion for Beckman Coulte (BEC)r, a California maker of health-diagnostic equipment.

4. Spain's Banco Santander (STD) bid $5.8 billion for 100 percent of Polish lender Bank Zachodni. Santander has spent more than $10 billion on international acquisitions since June.

5. London Stock Exchange offered $3.2 billion for Toronto Stock Exchange owner TMX Group. NYSE Euronext and Deutsche Börse said on Feb. 9 that they too are in merger talks.

6. Kindred Healthcare (KND) is paying $877 million for RehabCare (RHB), creating the No. 1 provider of rehabilitation services in the U.S. with $6 billion in annual revenue and operations in 46 states.

7. Golden Gate Private Equity offered about $300 million for Conexant Systems, a California-maker of office printers, digital picture frames, and PC speakers, topping an earlier bid from Standard Microsystems.

8. Britain's Premier Foods is selling its canning business to Japan's Mitsubishi for $294 million, amid less consumption of canned foods among Britons.

9. La Lecture, a Pablo Picasso painting of one of his mistresses, sold for $40.5 million in London. Ten of the 42 lots at Sotheby's (BID) auction of Impressionist and modern art did not find buyers.

10. An English lord's 1930s Bugatti Grand Prix racer fetched $1.3 million, including fees, at a Paris auction of vintage cars organized by Bonhams.

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