Deals of the day - Mergers and acquisitions
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 PNBH.NS via block deals, according to an exchange filing. nL4N3RA1B8
Willis has acquired specialty credit insurance brokerage CFS International, based in Irvine, California. nL6N3RA0J4
North Sea-focused oil producer EnQuest ENQ.L will not make an offer for UK's Serica Energy SQZ.L, the companies said, as the two could not agree on favourable terms in time amid market volatility. nL4N3RA1SR
Business payments firm Corpay Inc CPAY.N said on Friday it was in talks with Alpha Group International ALPH.L about a possible cash offer for the UK-based financial services provider. nL4N3RA20Y
Texas-based insurance agency 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. nL6N3R90KI
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. nL4N3RA0R8
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. nL1N3RA0A8
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