Deals of the day -- mergers and acquisitions

Mon Nov 5, 2012 4:00pm EST
 
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Nov 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

** MetLife Inc, the largest U.S. life insurer, said it will sell MetLife Bank's mortgage servicing portfolio to a unit of JPMorgan Chase & Co for an undisclosed amount as it looks to exit its bank holding structure.

** Canada said it has extended its review of a $15.1 billion bid by China's CNOOC Ltd for Canadian energy producer Nexen Inc by a month to Dec. 10.

** Lloyds Banking Group is considering selling its 60 percent stake in wealth manager St James's Place in a bid to raise around 1 billion pounds ($1.60 billion), according to a report in Britain's Sunday Times.

** Ontario Teachers' Pension Plan said it has agreed to take control of Heartland Dental Care Inc in a deal that values the U. S. dental practice management firm at about $1.3 billion, according to a person familiar with the matter.   Continued...