Bid & Ask: The Deals of the Week

Noteworthy expenditures of the week
Bloomberg (3)

1. A group led by Apollo Global Management is acquiring El Paso Corp.’s oil and natural gas exploration business for $7.2 billion.

2. CVC Capital Partners, the buyout firm that owns Formula One, is paying $2.4 billion for Stockholm-based Ahlsell to expand into the wholesale supply of tools, machinery, and building products.