April 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:
** Japan's Mitsubishi UFJ Financial Group (MUFG) 8306.T is buying a 20% stake in HDFC Bank's HDBK.NS non-banking unit HDB Financial Services, valuing the IPO-bound subsidiary between $9 billion and $10 billion, the Economic Times reported.
** The United Arab Emirates' state-owned oil company recently considered buying Britain's BP BP.L but the deliberations did not progress beyond preliminary discussions, people familiar with the matter told Reuters.
** Societe Generale SOGN.PA said it had agreed the sale to Moroccan conglomerate Saham Group of Société Générale Marocaine de Banques and La Marocaine Vie for 745 million euros ($797.45 million), as part of a wider divestment strategy, lifting its shares by more than 2%.
** Australia's Boral (BLD) recommended that investors accept an up to A$1.5 billion ($980.70 million) takeover offer from its largest shareholder Seven Group Holdings (SVW) , after negotiating an increase in the cash component of the deal.
** Brookfield Asset Management BAM.TO is in advanced talks to acquire a majority stake in private credit manager Castlelake with an investment of more than $1.5 billion, the Financial Times reported on Thursday.
** Four board members at Paramount Global PARA.O will step down amid reports that the entertainment giant controlled by Shari Redstone was discussing a merger with Skydance Media, the company disclosed in its proxy filing on Thursday.
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