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'wheeling and dealing' is a correct phrase in written English and it is used to talk about activities involved in buying and selling or negotiating.
For example: "Many people in business are familiar with wheeling and dealing, negotiating prices in order to get the best deals for their clients."
Dictionary
wheeling and dealing
verb
Present participle of wheel and deal
Exact(59)
Backroom wheeling and dealing is rife.
"Everybody is wheeling and dealing.
The wheeling and dealing involved is head-spinning.
Rwandans admit they are not good at wheeling and dealing.
But the real wheeling and dealing began when Ryan arrived.
Kirkpatrick's is a well-researched, nicely structured account of all the wheeling and dealing.
The wheeling and dealing of players from Euro 2008, at inflated prices, starts in earnest.
BRITAIN'S ICI is a timely reminder of the difficulties of corporate wheeling and dealing.
"Lynn's wheeling and dealing in Hollywood, but she's still generating her own projects," she said.
For him, none of the demeaning wheeling and dealing with those little men in the legislature.
Mediobanca, Italy's old wheeling and dealing investment bank, managed Telecom Italia's privatisation in 1997.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com