Updates with Devon Energy, Coterra Energy, Boston Scientific

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:

** The California Public Utilities Commission is set on Thursday to approve Verizon Communications' <VZ.N> $20 billion deal to acquire fiber-optic internet providers Frontier Communications <FYBR.O> after a series of conditions agreed to by the U.S. telecom company, board members said.

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** French agriculture company InVivo and the leading French financiers behind retailer Teract <TRACT.PA> said on Thursday they would buy out the remaining shares in Teract and then de-list Teract from the stock market.

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** Devon Energy <DVN.N> and Coterra Energy <CTRA.N> are exploring a potential merger, in a deal which could create one of the largest independent U.S. shale producers, people familiar with the matter said.

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** A Delaware judge on Thursday rejected Paramount Skydance's <PSKY.O> bid to speed up its lawsuit demanding that Warner Bros Discovery <WBD.O> better explain its decision that Netflix's <NFLX.O> proposed $82.7 billion takeover was better than Paramount's own $108.7 billion hostile bid.

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** Boston Scientific <BSX.N> agreed to buy medtech firm Penumbra <PEN.N> in a $14.5  billion deal on Thursday, its second-largest takeover ever, as it looks to re-enter the neurovascular market and broaden its heart device portfolio.

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** Talen Energy TLN.O said on Thursday it would buy about 2.6 gigawatts of natural gas-fired generation capacity from private equity firm Energy Capital Partners for $3.45 billion, doubling its expected annual generation and strengthening its position in the PJM market that operates in Mid-Atlantic and Midwest U.S.

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** Hungarian oil group MOL <MOLB.BU> is expected to sign the first key deal during its talks to buy a majority stake in Serbia's Russian-owned NIS oil company <NIIS.BEL> in the coming days, Hungarian Foreign Minister Peter Szijjarto said.

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** Qatari group Estithmar Holding <IGRD.QA> is set to take control of Syria's Shahba Bank and take a 30% stake in Syrian International Islamic Bank, four people familiar with the matter said, marking the first foreign banking acquisitions in Syria since the fall of former leader Bashar al-Assad.

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** GCP Capital Partners-backed Alkeme Insurance has made five acquisitions in the past quarter to expand its P&C offerings and employee benefits capabilities across the U.S., the company announced on Tuesday.

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** U.S. soft drinks giant Keurig Dr Pepper <KDP.O> launched its $18 billion all-cash takeover bid for coffee and tea group JDE Peet's <JDEP.AS>, setting the stage for a global coffee company that could rival market leader Nestle <NESN.S>.

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(Compiled by Rajarshi Roy, Sanskriti Shekhar and Koyena Das in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))