Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. TonenGeneral Sekiyu is buying 99 percent of partner ExxonMobil’s Japanese business, ExxonMobil Yugen Kaisha, for $3.9 billion.
2. The world’s No. 1 maker of power-distribution equipment, Zurich-based ABB, will pay $3.9 billion for Thomas & Betts to boost sales of low-voltage gear in North America.