** Shares of utility company TXNM Energy TXNM.N rise 1.2% to $53.52
** Equity firm Blackstone BX.N says it is in talks to acquire TXNM Energy, Bloomberg News reports
** An agreement is expected to be reached as early as the coming weeks, although the talks may be delayed or falter, report says
** In March, TXNM began exploring a sale and had drawn interest from KKR & Co. KKR.N
** Including session's moves, TXNM up 8.8% YTD
(Reporting by Katha Kalia in Bengaluru)
((Katha.Kalia@thomsonreuters.com))
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