Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Russia raised $5.2 billion through the sale of a minority stake in Sberbank, the nation’s largest lender, as part of a plan to reduce ownership in government-controlled companies.
2. Blackstone Group will buy Vivint for about $2 billion to gain home security, energy management, and solar power customers in more than 670,000 North American homes.