Jan 2 (Reuters) - Iberdrola-controlled Avangrid Inc terminated its $4.3 billion merger agreement for PNM Resources as it could not get all necessary regulatory approvals to close the deal by Dec. 31, the U.S. power utility said in a statement on Tuesday. (Reporting by Jyoti Narayan in Bengaluru; Editing by Savio D'Souza)
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