Bid & Ask: The Deals of the Week

Noteworthy expenditures of the week
Photographs by Joe Belanger/Alamy (vent); S.H. Free Photos/Flickr (GEFCO)

1. Europe’s No. 3 oil company, Total, plans to sell as much as $20 billion in assets to raise cash for oil and gas projects as it tries to increase output by 3 percent a year through 2015.

2. Itau Unibanco Holding paid $5.2 billion for the outstanding shares of Redecard, completing a plan to take the credit-card processor private.