Key deals this week: INTC, EQT, DASH, GEV, and more

Here's a list of key deals reported across sectors this week:

• ADT (ADT) agreed to be acquired by Thrive Holdings in an all-cash transaction valued at $15.3 billion, including debt, in a deal that will take the home security provider private.
• Wendy's (WEN) soared 15% after Nelson Peltz's hedge fund Trian Fund Management confirmed it made an offer to buy the fast-food chain for about $1.4 billion.
• TPG Inc. (TPG) is in discussions to buy UK-based Ark Data Centres from Elliott Management at a valuation of about $5 billion. Talks between TPG and Elliott are ongoing, though no deal is guaranteed.
• Ares Capital (ARCC) has agreed to acquire MidCap Financial Investment (MFIC) in a stock-and-cash deal valued at ~$2.6B in total enterprise value. The transaction is expected to further strengthen Ares Capital’s position as the largest publicly traded business development company and Ares Management Corporation’s (ARES) broader position as a leading direct lending platform to U.S. middle-market companies.
• Intel (INTC) agreed to buy Israeli startup Classiq Technologies Ltd. as part of a push into quantum computing. Intel (INTC) didn't disclose the terms of the transaction. The deal is subject to regulatory approvals and other customary closing conditions and is expected to close in the first half of 2027.
• DoorDash (DASH) formally announced its deal to acquire Instacart (CART) on Thursday. The companies agreed to a price of $65.00 per Instacart share, or an equity value of approximately $17B. The aggregate transaction consideration will be at least 75% cash, with Instacart stockholders able to elect cash, DoorDash (DASH) stock, or a combination of both.
• Surgery Partners (SGRY) will be acquired by HealthSpan Partners, a contractual affiliate of Bon Secours Mercy Health, in an all-cash deal valuing the surgical services provider at $5.7B.
• Range Resources (RRC) jumped 15.3% pre-market Monday after EQT Corp. (EQT) agreed to acquire the company in a deal that will create the largest U.S. natural gas producer, with more than 9 Bcfe/day of output and control of nearly 3M net acres in ‌the ⁠Appalachian Basin.
• GE Vernova (GEV) jumped 4.4% pre-market Wednesday after saying it agreed to acquire high-voltage grid equipment manufacturer Trench Group from investment-firm Triton Partners for $9B in cash and debt, while also reporting stronger-than-expected Q3 results and raising full-year revenue guidance.