UK Stocks-Factors to watch on March 8 (updated)
08/03/2024 07:58
(Adds new items, Updates futures)
March 8 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Friday, with futures FFIc1 down 0.1%.
* CURRYS: Currys CURY.L , the British electricals retailer
at the centre of a potential takeover battle, said a deal to
sell Greek unit would complete in the first half of April after
it was given the go-ahead by authorities there.
* INFORMA: Britain's Informa INF.L raised it earnings
forecast for this year after its 2023 profit more than doubled
as the events organiser benefited from the return of live events
post the pandemic-led slump and strong performance across its
markets.
* CMA: Britain's antitrust regulator said that T&L
Sugars Limited's purchase of Tereos UK & Ireland's assets could
result in
higher sugar prices
for UK shoppers.
* ROYAL LONDON: UK life insurer Royal London ROLGPI.UL
has entered the market for corporate pension scheme insurance
with a so-called bulk annuity deal for Royal Liver UK pension
scheme.
* JUST GROUP: British life insurer Just Group JUSTJ.L
recorded a better-than-expected 47% rise in 2023 underlying
operating profit to 377 million pounds ($482.82 million).
* MATTIOLI WOODS: British private equity investor Pollen
Street Capital has agreed to
buy
wealth manager Mattioli Woods MTWL.L for about 432
million pounds ($553.18 million).
* HSBC: HSBC Holdings HSBA.L announced two senior hires in
the private banking sector, as it looks to enhance coverage of
ultra-high net worth (UHNW) clients in Asia, an official
statement said.
* MONDI: Mondi MNDI.L reached an agreement in principle
for an all-share offer to buy smaller rival DS Smith SMDS.L
for 5.14 billion pounds ($6.58 billion).
* OIL: Oil prices
rose
, driven by growing demand in the world's biggest consumers,
the United States and China.
* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
($1 = 0.7810 pounds)
(Reporting by Radhika Anilkumar and DhanushVignesh Babu in
Bengaluru;)
((Radhika.Anilkumar@thomsonreuters.com;))