Benzinga's M&A Chatter for Monday July 13, 2015

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday July 10 through Sunday July 12, 2015:

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BorgWarner announced Monday, it will acquire Remy International, Inc.

for $29.50 in cash, for an enterprise value of approximately $1.2 billion. The transaction is expected to close in Q4 of 2015. Remy International shares rose more than 42% Monday, closing at $29.24.

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Jarden Corporation

confirmed Monday, that it has agreed to acquire manufacturer and marketer of premium disposable tableware, Waddington Group, Inc., from an investment fund managed by Olympus Partners for approximately $1.35 billion. The deal is expected to close in Q3 of 2015.

had reported on Sunday that Jarden was close to a deal to acquire Waddington. Jarden shares rose 4.5% Monday, closing at 54.78.

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Shares of The Hartford Financial Services Group, Inc.

rose Monday, on unconfirmed market chatter than the company has hired an advisor to explore strategic options, after reportedly being approached by The Travelers Companies, Inc.

. According to a source, preliminary talks are in the $54.00 to $55.00 range. A spokesperson for The Hartford was not available for comment. Hartford shares rose almost 3% Monday, closing at $45.10.

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MPLX LP

and MarkWest Energy Partners, L.P.

announced Monday, that they have signed a definitive merger agreement under which MarkWest would become a wholly owned subsidiary of MPLX. The common unitholders of MarkWest would receive 1.09 MPLX common units and a one-time cash payment of approximately $3.37 per MarkWest common unit, for total consideration of $78.64 per MarkWest common unit. MPLX`s sponsor, Marathon Petroleum Corporation

, would contribute $675 million in cash to MPLX to fund the one-time cash payment. The transaction is expected to close in Q4 of 2015. MarkWest shares rose 14% Monday, closing at $68/09. MPLX shares fell 14.5%, to close at $59.03. Marathon Petroleum shares rose almost 8%, closing at $58.78.