Deals

Bid & Ask: The Deals of the Week

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By Ira Boudway

May 19, 2011 at 9:00 PM UTC

This article is for subscribers only.

BusinessWeek Cover Image (11_22, portrait)

This article is part of the May 23, 2011 issue of businessweek.

1. Board members at German engine maker Tognum agreed to a $4.8 billion takeover bid from Daimler AG (DDAIF) and Rolls-Royce Group after the suitors raised their offer from $4.4 billion.

2. Bank of Ireland (IRE), the nation's largest bank, is preparing to sell $1.8 billion in U.S. real estate loans after regulators ordered it to shrink its balance sheet.