Deals of the day-Mergers and acquisitions

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Mon 14:35

Adds: Marvell Technology, Aspen Pharmacare Updates: SpaceX
Nov 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:
     
** Marvell Technology MRVL.O is buying optical components maker Lumentum LITE.O in a $115 billion all-stock deal, including debt, as the custom chipmaker takes on larger rival Broadcom AVGO.O in a race to cash in on the AI spending boom.
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** South Africa's Aspen Pharmacare APNJ.J will sell the European commercialisation rights and related intellectual property for its women's health product Ovestin to Ennogen Healthcare International for €197 million ($220 million), it said on Monday. nL5N46J111
     
** SpaceX SPCX.O is in talks to buy EchoStar's ECHO.O wireless service Boost Mobile or gain access to its network, which it leases from AT&T T.N and T-mobile TMUS.O, the Washington Post reported on Monday. nL3N46J0PN
     
**  Japanese trading house Mitsubishi Corp 8058.T said  it will sell a 49.9% interest in a holding company that owns its stake in the LNG Canada project to funds managed by Blackstone Credit & Insurance, a unit of Blackstone BX.N, for about $1.6 billion. nL2N46J068
     
** BP BP.L has completed the sale of a 65% stake of its Castrol lubricants business to US private equity firm Stonepeak and will use the $6 billion in after-tax proceeds to cut debt, it said. nL6N46J0DM
     
** French oil major TotalEnergies TTEF.PA said it had signed agreements to buy a 30% operated interest in the Lang Lebah and B14 offshore gas fields in Malaysia. nL5N46J07Y
     
** AVID Property Group has matched Warburg Pincus' A$2.24 billion ($1.57 billion) takeover proposal for Australia's Ingenia Communities INA.AX, Ingenia said , pushing its shares to a near 11-month high. nL2N46J03D
     
** A Blackstone BX.N led investor group agreed to acquire a stake in LNG Canada’s liquefaction business from a subsidiary of Mitsubishi 8058.T for $3.1 billion, Bloomberg News reported , citing a statement. nL6N46J0BT
     
** Communications holding company Public Policy Holding PPHC.L is buying strategic communications firm Reevemark for as much as $80 million, people familiar with the deal said. nL2N46G19H
     
** Willis Re has completed the acquisition of BMS Re's US operations, the reinsurance broker said on Sunday. nL6N46I04H
     

 (Compiled by Rajarshi Roy and Kunal Das in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))