Bid & Ask: The Deals of the Week

Noteworthy expenditures of the week

1. Billionaire investor Carl Icahn, campaigning to oust the the board of Clorox and put the company up for sale, says he would pay $10.3 billion for it if no other buyer emerged.

2. Bank of America is selling about half its stake in China Construction Bank for $8.3 billion, booking a $3.3 billion gain and bolstering capital ahead of new international standards.

3. Australia’s Macarthur Coal agreed to be bought by ArcelorMittal, the world’s No. 1 steelmaker, and Peabody Energy after they sweetened their offer to $5.2 billion, from about $4.1 billion.

4. Chinese machinery maker Sany Heavy Industry aims to start trading in Hong Kong in early October after a $3 billion share sale, say two people with knowledge of the matter.

5. AuRico Gold, which mines the precious metal in Mexico, will pay $1.5 billion for Northgate Minerals to add production in Canada and Australia.

6. Greece’s No. 3 lender, Alpha Bank, is buying No. 2 EFG Eurobank Ergasias for stocks valued at about $1.1 billion, as it copes with the country’s deep recession and sovereign debt crisis.

7. Seamless-steel-pipe maker Tenaris plans to acquire the outstanding shares in its Brazilian Confab Industrial unit that it doesn’t already own for about $780 million.

8. Cameco, Canada’s largest uranium producer, bid $529 million for Vancouver (B.C.)-based Hathor Exploration to acquire the company’s Roughrider deposit in Saskatchewan.

9. Malaysia-based holding company Sime Darby agreed to buy 30 percent of property developer Eastern & Oriental for $257 million.

10. Sina, owner of China’s third most popular website, paid $66.4 million for a stake in Shanghai-based Tudou Holdings to boost its investments in online video services.

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