Deals of the day-Mergers and acquisitions

Ingenia Communities

Mon 20:04

Adds: Ben & Jerry, DoorDash and Surgery Partners
Oct 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
   
   ** Ben & Jerry's founders are exploring a deal with an executive from KKR KKR.N to separate their brand from its current owner, the Wall Street Journal reported. nL3N46C1MG

   ** DoorDash DASH.O is in advanced talks to acquire grocery-delivery platform Instacart CART.O and a deal could be completed as soon as this week, the Wall Street Journal reported on Monday, citing people familiar with the matter. nL6N46C15D

   ** Surgery Partners SGRY.O said it would be taken private by HealthSpan Partners, an affiliate of nonprofit hospital system Bon Secours Mercy Health, in a deal valued at about $5.7 billion including debt. nL3N46C10I

** Canada's CAE CAE.TO said it will sell Flightscape, its airline operations software business, to fellow global aviation technology firm SITA in a deal valued at $500 million, including debt.  nL6N46C0RN
     
** EQT EQT.N said it will buy Range Resources RRC.N in a $13 billion all-stock deal to create the largest natural gas producer in the US as it bets on rising demand from LNG exports and power generation. nL3N46C0NK
     
** AmTrust International has established a French presence with the acquisition of Wakam, the specialty insurer said. nL6N46C0NT
     
** Oil and gas producer Ovintiv OVV.N said it would acquire Canadian producer Logan Energy LGN.V in an all-cash deal valuing the company at about $890 million, including debt. nL3N46C0S9
     
** Eni ENI.MI has completed the sale of its Nigerian unit Agip Energy and Natural Resources (AENR) to the Nigerian firm APEX, the Italian group said. nL5N46C0MQ
     
** Brazilian lender Itau ITUB3.SA said it had entered an agreement to acquire all shares issued by artificial intelligence startup NeoSpace AI. nS0N45E02M
     
** HSBC HSBA.L will merge Hang Seng Bank's asset management unit into its fund business, two people with direct knowledge of the matter said, after the London-based bank took the Hong Kong lender private in a $13.6 billion deal.    nL2N46C092
     
** Ingenia Communities Group INA.AX received a takeover proposal from AVID Property Group for A$2.2 billion ($1.54 billion), sending the Australian property developer's shares to their highest close in nine months.   nL2N46C015

 (Compiled by Rajarshi Roy, Shania S Thomas and Prakhar Srivastava in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))