Sept 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
** Information technology provider Cognizant Technology Solutions Corp CTSH.O is in talks to buy application developer Softvision for about $550 million to boost Cognizant's digital business, people familiar with the matter said.
The U.S. Chamber of Commerce and other powerful business groups asked an appeals court to not undo AT&T Inc (NYSE:T)'s T.N purchase of movie and TV show maker Time Warner, despite the protests of the Justice Department.
Private equity firm BC Partners said it would buy majority ownership of European cable and pay-TV operator United Group B.V from KKR KKR.N .
Health insurer Aetna Inc (NYSE:AET) AET.N said it would sell its Medicare prescription drug plan business to WellCare Health Plans Inc WCG.N as it seeks U.S. antitrust approval for its planned $69 billion deal to merge with CVS Health Corp (NYSE:CVS) CVS.N .
Global mining giants Freeport McMoRan Inc FCX.N and Rio Tinto RIO.L have struck a binding accord to sell a majority stake in the world's second-biggest copper mine, Grasberg, to Indonesia's state mining company,
Inalum for $3.85 billion. Aboitiz Power Corp AP.PS, one of the Philippines' biggest electricity producers, has struck a deal to pay $579 million for a stake in Ayala Corp 's AC.PS thermal energy platform, the two companies said.
Malaysia's Axiata Group Bhd AXIA.KL, the biggest shareholder in M1 Ltd MONE.SI, is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion ($1.4 billion), a source with direct knowledge of the matter said.
Zurich Insurance ZURN.S is acquiring an 80 percent stake in Indonesia's Adira Insurance from PT Bank Danamon Indonesia BDMN.JK and a minority investor for at least around $414 million, the Swiss group said.
Ireland-based DCC Plc DCC.L plans to buy Canada-based musical instruments distributor Jam Group for an enterprise value of $170 million, the company said, as it continues to diversify its business through acquisitions.
Comcast CMCSA.O said it would stop buying Sky's SKYB.L shares in the market after it secured 38 percent of the stock plus the 39 percent holding from Rupert Murdoch in the $40 billion takeover.