(Adds Carlyle Group, Willis, EnQuest ( ENQUF ), Corpay ( CPAY ) and TWFG ( TWFG ))
May 2 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2100 GMT on Friday:
** U.S. private equity firm Carlyle Group has sold its
entire 10.44% stake in India's PNB Housing Finance via
block deals, according to an exchange filing.
** Willis has acquired specialty credit insurance
brokerage CFS International, based in Irvine, California.
** North Sea-focused oil producer EnQuest ( ENQUF ) will
not make an offer for UK's Serica Energy ( SQZZF ), the companies
said, as the two could not agree on favourable terms in time
amid market volatility.
** Business payments firm Corpay Inc ( CPAY ) said on
Friday it was in talks with Alpha Group International
about a possible cash offer for the UK-based financial services
provider.
** Texas-based insurance agency TWFG ( TWFG ) has acquired Paul
Mears Insurance Group in North Carolina and Denise Davis
Insurance in Texas, bringing owner Denise Davis aboard as vice
president of retail operations at TWFG ( TWFG ).
** Australia's antitrust regulator began an informal review
of Lactalis' proposed bid for Fonterra's assets on the block,
even though the French dairy giant said it had not signed any
deal with the New Zealand-based firm.
** Lactalis, the world's largest dairy group, is interested
in international investments but has not signed an agreement to
buy parts of New Zealand-based dairy giant Fonterra, it said
following reports it was considering an offer.
(Compiled by Anuja Bharat Mistry and Pritam Biswas in
Bengaluru)