Deals
Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. China National Biotec Group, the country’s largest biotechnology company, plans to seek as much as $2 billion in a Hong Kong IPO, say two people with knowledge of the deal.
2. Japan’s No. 1 brewer, Kirin Holdings, will pay $1.4 billion for a 49.5 percent stake in Brazilian beermaker Schincariol Participações e Representações, as beer sales in Japan slump.