UK Stocks-Factors to watch on Aug 20

By Reuters / August 21, 2018 / in.investing.com / Article Link

Aug 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 4 points lower at 7,555 on Monday, according to financial bookmakers.

* Insurer Prudential PRU.L plans to consolidate all non-British European insurance business in its Dublin subsidiary as part of preparations for Britain's exit from the European Union, a letter to clients seen by Reuters showed. Dalmore Capital, Equitix enter bid conduct agreement for John Laing Infrastructure Fund JLIF.L offer. The union representing workers of Chilean copper mine Escondida, operated by BHP BLT.L , signed a new collective labor contract on Friday, ending the risk of a strike that could have paralyzed the world's biggest copper mine. The co-founder of fashion brand Superdry SDRY.L is donating a million pounds ($1.28 million) to the campaign for a referendum on the final Brexit agreement as Britain prepares to outline in more detail how a no-deal outcome would work. The search for Esure's ESUR.L next chief executive has been delayed by the company's agreement to be taken over by US private equity giant Bain Capital for 1.2 billion pounds, according to the Telegraph British drugmaker GlaxoSmithKline Pharmaceuticals GSK.L GLAX.NS is working on a strategy to reduce the number of brands in India to around 20 from 130, and bring in more patented products from the parent to the country, according to Business Standard The UK blue chip index closed flat on Friday at 7,558.59 points, at the end of a turbulent week for markets during which an economic crisis in Turkey spread anxiety across global financials and mining stocks. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY: TBC Bank

TBCG.L

HY Earnings Polymetal International PLC

POLYP.L

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