Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Iceland Foods CEO Malcolm Walker teamed up with investors including DFS Furniture founder Graham Kirkham to acquire the British budget supermarket chain from its Icelandic owners for $2.3 billion.
2. Japanese maker of synthetic fibers and industrial chemicals Asahi Kasei is buying Zoll Medical for $2.2 billion to boost sales in Asia and gain critical-care products for hospitals.