May 28 (Reuters) - Britain's FTSE 100 index is
seen opening flat on Wednesday, with futures down 0.03%.
* PETS AT HOME: British retailer Pets At Home
reported annual underlying pretax profit in line with its
expectations, as elevated costs and weak demand for pet
accessories continue to weigh down growth.
* RENTOKIL: British pest control company Rentokil
Initial ( RTO ) said it would sell its workwear, flat linen and
clean room business in France to H.I.G. Capital in a deal that
values the business at about 410 million euros ($463.8 million).
* GLOBALDATA ( GLDAF ): Data platform GlobalData ( GLDAF ) extended
the deadline to June 11 for private equity firm ICG
to make a firm takeover offer, while ending talks with KKR
after failing to reach an agreement on terms.
* KINGFISHER: European home improvement retailer
Kingfisher reported a 1.8% rise in first quarter same
store sales, with a strong performance in Britain, helped by
favourable weather, partially offset by continued weakness in
France.
* BRITISH AMERICAN TOBACCO ( BTI ): British American Tobacco ( BTI )
said on Tuesday it intends to sell a 2.3% stake in
Indian consumer goods company ITC worth about $1.4
billion in a block trade deal.
* UNILEVER ( UL ): Unilever ( UL ) has agreed to guarantee its
ice cream workers' employment terms in Europe and Britain for at
least three years after the business' spin-off, according to a
memo, tripling the usual period in such deals.
* OIL: Oil prices inched up as the U.S. barred Chevron ( CVX )
from exporting crude from Venezuela under a new asset
authorisation, though expectations of more output from OPEC+
continued to limit gains.
* GOLD: Gold steadied on Wednesday
* METALS: Copper prices in London were stable.
* For more on the factors affecting European stocks, please
click on:
TODAY'S UK PAPERS
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(Reporting by Ankita Bora in Bengaluru)