Deals
Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Chicago Bridge & Iron offered $3 billion for nuclear energy contractor Shaw Group in the largest construction acquisition of the year, making a big bet on a nuclear renaissance.
2. Canadian home-improvement retailer RONA spurned a $1.8 billion takeover offer from Lowe’s. RONA’s stock had a record one-day gain, a sign that investors anticipate a bidding war for the company.