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UK Stocks-Factors to watch on February 17
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UK Stocks-Factors to watch on February 17
Feb 17, 2025 12:13 AM

Feb 17 (Reuters) - Britain's FTSE 100 index is

seen opening flat on Monday, with futures largely

unchanged.

* ASSURA: British healthcare real estate investment trust

Assura has rejected a 1.56 billion pound ($1.96

billion) proposal from KKR 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 ( TPTJF ): Britain's competition regulator said that

Topps Tiles' ( TPTJF ) 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 said it

will pay an additional $856 million cash dividend ahead of its

planned spinoff into a standalone unit.

* PETRA DIAMONDS ( PDLMF ): Petra Diamonds ( PDLMF ) CEO Richard Duffy

has resigned "by mutual agreement and with immediate effect",

the company said.

* BP: BP 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

local unit to pay $7.5 million in back taxes and penalties.

* HSBC ( HSBC ): Investors in HSBC ( HSBC ) 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:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Simone Lobo in Bengaluru)

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