Wickes Cos. ended its bid for Lear Siegler.

The two Santa Monica companies mutually agreed to terminate the $1.7-billion merger agreement because Wickes, as previously reported, has been unable to arrange satisfactory financing. Wickes agreed not to buy any Lear Siegler stock for two years. AFG Partners, composed of AFG Industries of Irvine and Wagner & Brown of Midland, Tex., has said it would resume its pursuit of Lear Siegler. Wickes also said it had received about 20 million shares in its tender offer for Collins & Aikman, giving Wickes a 92% stake in the New York textile firm.