Bid & Ask

1. AT&T (T) offered $39 billion for Deutsche Telekom's T-Mobile USA unit. The deal, which must be greenlighted by regulators, will create America's largest mobile phone company.

2. In the biggest corporate debt offering in the U.S. in more than a year, drugmaker Sanofi-aventis (SNY) sold $7 billion of bonds to fund its Genzyme acquisition (GENZ).

3. U.S. billionaire John Malone's Liberty Global (LBTYA) agreed to buy Germany's No. 3 cable operator, Kabel Baden-Württemberg, for about $4.5 billion, trumping offers from private equity firms.

4. Pacific Investment Management, manager of the world's largest mutual fund, has raised more than $1.5 billion for a private pool to purchase troubled commercial and residential mortgages from banks.

5. British ports operator Forth Ports succumbed to an industry wave of takeovers and accepted a $1.2 billion offer from Arcus Infrastructure Partners.

6. General Mills (GIS) is in exclusive talks to buy 50 percent of the Yoplait yogurt brand from PAI Partners, a French private equity firm, for $1.1 billion.

7. Charles Schwab (SCHW) is paying about $1 billion for Chicago-based optionsXpress (OXPS) to add a retail options broker to its equity and mutual fund offerings.

8. Mantra Resources, an Australian company developing a large uranium deposit in Tanzania, agreed to a reduced $1 billion takeover offer from Rosatom. The Russian state-owned nuclear company cut its bid by 12 percent because of Japan's Fukushima crisis.

9. In its first acquisition since 2006, Colgate-Palmolive (CL) is buying Unilever's Sanex, a body wash and deodorant line widely available in Western Europe, for $951 million.

10. More than $280 million worth of art went on sale during New York's Asia Week, with five auction houses and almost 135 dealers taking part.

    Before it's here, it's on the Bloomberg Terminal.