(Adds futures, further company news)
LONDON, March 24 Britain's FTSE 100 index is seen
opening slightly lower on Monday, with June futures on the index down
0.3 percent at 0735 GMT. For more on the factors affecting European stocks,
please click on
* The UK blue chip index closed up 14.73 points, or 0.2 percent, at 6,557.17
points on Friday.
* STANDARD LIFE : The British life insurance and pensions group has
announced it is in "exclusive and advanced" talks to buy rival Phoenix Group
Holdings' Ignis Asset Management.
* PETROFAC : The oil & gas service provider said on Monday it has
been awarded an Engineering and Procurement contract by Petroleum Development
Oman to provide services for its Rabab Harweel Integrated Project, located in
the south of the Sultanate of Oman.
* TULLOW OIL : The explorer will become the first oil company to
disclose its payments to foreign governments with a level of detail demanded by
anti-corruption campaigners, the Financial Times reported on Monday.
* KENTZ <KENZ.L: The British energy services firm said on Monday it achieved
double digit earnings growth, in line with expectations, bucking the trend of
rival firms in the sector hit by falling profits as oil companies cut spending.
* REXAM : The company said on Monday it has received a binding offer
worth $135 million in cash for the remaining containers & closures division of
its healthcare business from Berry Plastics.
* BANKS, CO-OPERATIVE GROUP : Britain's troubled Co-operative Bank
said on Monday it planned to raise around 400 million pounds ($660 million) of
additional funds via new shares after finding that its capital position was
weaker than initially thought.
* J SAINSBURY : The grocer has won the right to a judicial review in
its legal battle against Tesco's "misleading" Price Promise campaign after
failing to convince regulators that it should be banned, The Telegraph reported
* RSA : The insurer will this week pull the trigger on its emergency
cash call to shareholders as Britain's biggest commercial insurer sets out the
terms of its bumper 775 million pound rights issue, The Times reported on
* BOVIS HOMES GROUP : The property group said on Monday it has signed
contracts for two separate private rental sector (PRS) transactions involving
circa 510 homes with a total revenue of approximately 80 million pounds ($131.96
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
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($1 = 0.6063 British Pounds)
(Reporting by Francesco Canepa; Editing by Sudip Kar-Gupta and Tricia Wright)