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Bid & Ask: The Deals of the Week

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By Caroline Winter

May 10, 2012 at 9:00 PM UTC

This article is for subscribers only.

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This article is part of the May 14, 2012 issue of businessweek.

1. The Department of the Treasury plans to sell $5.8 billion of shares in American International Group at $30.50 each, with the bailed-out insurer buying $2 billion of the total.

2. Dutch phone company Royal KPN rejected an unsolicited $3.4 billion bid from Carlos Slim’s América Móvil and hired Goldman Sachs Group and JPMorgan Chase as advisers.