Deals
Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Seeking to cut costs and streamline operations, London-based HSBC Holdings is in talks to sell its $9 billion stake in China’s Ping An Insurance.
2. Terra Firma Capital Partners, the firm founded by financier Guy Hands, is buying residential property company Annington Homes from Nomura International in a deal worth $5.1 billion.