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UK Stocks-Factors to watch on February 17

ReutersFeb 17, 2025 7:56 AM

Adds new items, updates futures

- Britain's FTSE 100 .FTSE index is seen opening flat on Monday, with futures FFIc1 largely unchanged.

ASSURA: British healthcare real estate investment trust Assura AGRP.L has rejected a 1.56 billion pound ($1.96 billion) proposal from KKR KKR.N 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: Britain's competition regulator said that Topps Tiles' TPT.L 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 AMSJ.J said it will pay an additional $856 million cash dividend ahead of its planned spinoff into a standalone unit.

PETRA DIAMONDS: Petra Diamonds PDL.L CEO Richard Duffy has resigned "by mutual agreement and with immediate effect", the company said.

BP: BP BP.L 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 AV.L local unit to pay $7.5 million in back taxes and penalties.

HSBC: Investors in HSBC HSBA.L 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: LIVE/

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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