Jan 29 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on

Wednesday:

** Volvo Cars has signed an agreement to buy

struggling Swedish battery maker Northvolt's stake in their

joint battery venture NOVO Energy, the Sweden-based automaker

said, without disclosing the price.

** Carmaker Stellantis, brands of which include

Fiat, Peugeot and Vauxhall, said it had agreed to buy full

control of its joint venture with Belgium's Punch Powertrain,

strengthening its position in hybrid vehicle technology.

** Detroit-based American Axle and Manufacturing ( AXL )

will buy GKN Automotive owner Dowlais ( DWLAF ) in a

cash-and-stock deal, valuing the London-listed firm at about

1.16 billion pounds ($1.44 billion), the companies said.

** Miner Anglo American said it had completed the

sale of its 33.3% stake in Jellinbah Group to Zashvin Pty Ltd

for total cash proceeds reaching A$1.6 billion (nearly $1

billion).

** Zimmer Biomet ( ZBH ) said on Tuesday it would acquire

medical device company Paragon 28 ( FNA ) for about $1.1 billion

to expand its portfolio of orthopedic surgical devices.

** World Insurance Associates has acquired the business of

Brooklyn, New York-based HML Brokerage, a deal the company

completed on 1 September 2024 but has only just announced.

** Utah-based Trucordia has acquired Cada Insurance

Services, a provider of auto, home, commercial, general

liability, and workers' compensation solutions with Louisiana

offices in Baton Rouge, Chalmette, Gretna, and Kenner.

** Italy's gas grid operator Snam will sell its

minority stake indirectly held in ADNOC Gas Pipelines to Abu

Dhabi-based investment fund Lunate, Snam said.

** Spirits giant Diageo ( DEO ) has agreed to sell its 80.4%

shareholding in Guinness Ghana to Castel Group for $81 million,

it said, continuing to refine its operating model in Africa.

(Compiled by Rajarshi Roy in Bengaluru)