Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions September 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:
** Norwegian oil company DNO DNO.OL said on Friday it no longer intended to make a proposed takeover offer for Britain's Genel Energy GENL.L, first announced on August 7.
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** SafePoint Holdings has completed a minority investment in UK specialty MGA Arrow Risk Management, the Florida insurer said on Thursday, forming a long-term strategic partnership aimed at supporting Arrow's expansion.
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** Lagardere Media LAGA.PA - which carries many of the main media publications of French billionaire Vincent Bollore - is buying a stake in the politically hard-right French media firm Frontieres, Frontieres president Erik Tegner said on Friday.
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** Caixabank's CABK.MC Banco BPI said on Thursday it agreed to sell its 33.35% stake in Banco de Fomento de Angola (BFA) to Congolian Financial (CFSA) for a fixed amount of €388.5 million ($451.71 million).
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** East Timor's national oil company, Timor Gap, said it had reached a binding agreement with Osaka Gas to acquire the Japanese firm's 10% participating interest in the Greater Sunrise gas project.
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** KKR KKR.N will buy a minority stake in Malaysia's Avisena Healthcare, deepening the global investment firm's push into Southeast Asia's healthcare sector amid rising investor interest.
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** Contract manufacturer Flex FLEX.O said on Thursday it will acquire power conversion systems maker EPC Power in a deal valued at $4.4 billion to strengthen its position in AI data center and power infrastructure markets.
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(Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)