(Adds company news items)
March 20 Britain's FTSE 100 futures were flat ahead of
the cash market open on Monday.
* HANSTEEN: Britain's Hansteen Holdings has agreed to sell its
German and Dutch property portfolios for 1.28 billion euros ($1.38 billion) to
entities owned by funds advised by affiliates of the Blackstone Group LP BX.N
and M7 Real Estate, the company said on Monday.
* PHOENIX: Phoenix Group Holdings, Britain's largest owner of life
assurance funds closed to new customers, raised its long-term cash generation
target due to benefits of acquisitions made last year.
* UNILEVER: Unilever is preparing a 6 billion pound ($7.44 billion)
sale of some of its food brands, British newspapers reported on
* BHP BILLITON: The labor union at the world's largest copper mine, BHP
Billiton's Escondida in Chile, called a fresh offer of talks by
management to end a 39-day strike "manipulative."
* RBS: Lawyers representing tens of thousands of Royal Bank of Scotland
(RBS) shareholders have held tentative talks to settle a 1.2 billion
pound damages claim over the lender's 2008 rights issue that was launched
shortly before a state bailout, two sources said.
* PETROFAC/WOOD GROUP: Canada's SNC-Lavalin and Petrofac
are eyeing Wood Group and Amec Foster Wheeler with the aim of
acquiring assets and contracts likely to be divested by the UK pair as a result
of their 2.2 bln pounds merger, the Financial Times reported on
* ASTRAZENECA: A newer class of type 2 diabetes drugs significantly cut the
risk of death and hospitalization for heart failure compared with other
medicines for the disease, according to data released on Sunday from a so-called
real world study sponsored by AstraZeneca.
* MELROSE: Melrose Industries bosses are likely to be handed shares
worth more than 150 mln pounds, Sky News reported on Sunday.
* BRITAIN HOUSING: Asking prices for homes in England and Wales are showing
above-average increases as a shortage of properties for sale outweighed any
nervousness about Brexit, a survey published by property data firm Rightmove
showed on Monday.
* BREXIT: Prime Minister Theresa May will visit Wales on Monday as part of a
plan to engage with all the nations of the United Kingdom before she formally
launches Britain's departure from the European Union.
* OIL: Oil prices fell on Monday as rising U.S. drilling activity and steady
supplies from OPEC countries despite touted production cuts pressured
* The UK blue chip FTSE 100 index ended 0.1 percent higher at
7,424.96 points on Friday, closing at a record level but with a stronger
sterling capping gains.
* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra : visit topnews.session.rservices.com
* For Top News : topnews.reuters.com
(Reporting by Siju Varghese; Editing by Amrutha Gayathri)