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PDL Petra Diamonds News Story

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UK Stocks-Factors to watch on February 17 (updated)

(Adds new items, updates futures)
       Feb 17 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening flat on Monday, with futures  FFIc1  largely
unchanged.
     
    * ASSURA: British healthcare real estate investment trust
Assura  AGRP.L  has rejected a 1.56 billion pound ($1.96
billion) proposal from KKR  KKR.N  and pension fund Universities
Superannuation Scheme, the U.S.-based private equity group said.
    * SHEIN: Online fast-fashion retailer Shein is under
pressure to cut its valuation to about $30 billion, Bloomberg
News reported, citing people familiar with the matter.
    * TOPPS TILES: Britain's competition regulator said that
Topps Tiles'  TPT.L  9-million-pound acquisition of CTD Tiles
could reduce competition, limiting deals and product choices for
customers and businesses in parts of England and Scotland.
    * ANGLO PLATINUM: Anglo American Platinum  AMSJ.J  said it
will pay an additional $856 million cash dividend ahead of its
planned spinoff into a standalone unit.
    * PETRA DIAMONDS: Petra Diamonds  PDL.L  CEO Richard Duffy
has resigned "by mutual agreement and with immediate effect",
the company said.
    * BP: BP  BP.L  said on Sunday it had started production
from the second development phase of the Raven field offshore
Egypt. 
    * AVIVA: Indian authorities have ordered Aviva's  AV.L   
local unit to pay $7.5 million in back taxes and penalties.
    * HSBC: Investors in HSBC  HSBA.L  are backing management
attempts to shutter parts of its investment bank.
    * OIL: Oil prices fell for a fourth day.
    * GOLD: Gold prices rose as the U.S. dollar weakened.
    * METALS: Copper prices hovered around more than three-month
highs.

        
  
    * 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 

 (Compiled by Simone Lobo in Bengaluru)
 ((Simone.Lobo@thomsonreuters.com; +919920570373;))

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