Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Sept 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Sweden-based Heimstaden has agreed to buy rival Akelius Residential Properties' 599 properties in Germany, Denmark and Sweden for 92.5 billion Swedish crowns ($10.6 billion). ** Blackstone Inc said it would sell its The Cosmopolitan of Las Vegas resort and casino for $5.65 billion. ** Rolls-Royce said it had agreed to sell its Spanish unit ITP Aero to a consortium led by Bain Capital Private Equity for 1.7 billion euros ($2 billion), helping the British engineering group hit its 2 billion pound target for disposals. ** Japan's biggest power generator JERA said it will invest $1.58 billion to take 27% stake in Aboitiz Power Corp in the Philippines from Aboitiz's parent company to boost its presence in the country where power demand is growing. ** Australian Pharmaceutical Industries received a non-binding proposal from Sigma Healthcare valuing it at A$773.5 million ($561.4 million), rivaling an offer from retail conglomerate Wesfarmers. ** said it would buy U.S.-based sterile injectables firm Custopharm in a deal worth up to $425 million, as the generic medicines maker looks to strengthen its needle-based treatments unit in the United