Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Italy’s biggest bank, UniCredit, will raise $9.8 billion by selling shares at $2.51 each, which it said is a 43 percent discount from the Jan. 3 closing price, excluding the value of rights to additional purchases that come with the shares.
2. French oil company Total acquired a $2.3 billion holding in Ohio’s natural-gas-rich Utica shale region from Chesapeake Energy and EnerVest.