Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Germany’s BASF agreed to sell the bulk of its nitrogen-fertilizer assets to Russian crop nutrient supplier EuroChem in a deal valued at $947 million.
2. Nisshinbo Holdings, a Japanese manufacturer of textiles, paper products, and tools, will acquire Luxembourg’s TMD Friction Group, maker of brake materials, for $590 million.