Deals of the day- Mergers and acquisitions
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July 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
** Teva Pharmaceutical Industries has agreed to buy Allergan Plc's generic drugs business for $40.5 billion in a cash-and-stock deal that will turn the Israeli company into one of the world's largest pharmaceutical firms.
** Online gambling firm GVC Holdings Plc has raised its offer for Bwin.party Digital Entertainment to about 1 billion pounds ($1.55 billion), topping a recently-accepted bid from 888 Holdings Plc.
** Bermuda-based White Mountains Insurance Group Ltd said it had agreed to sell property and casualty reinsurer Sirius International Insurance Group Ltd to the Singapore-based investment arm of China Minsheng Investment Corp Ltd for about $2.24 billion in cash.