UPDATE 2-UK Stocks-Factors to watch on Sept. 14
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Sept 14 (Reuters) - Britain's FTSE 100 index is seen opening up 23 to 25 points, or 0.3 to 0.4 percent, on Wednesday, according to financial bookmakers, with futures trading 0.3 percent higher ahead of the cash market open.
* The UK blue chip index closed down 0.5 percent at 6,665.63 points on Tuesday, extending its decline after a steep drop in the previous session as oil stocks came under pressure and Associated British Foods was hit by broker downgrades.
* GALLIFORD TRY: Building and construction group Galliford Try said sales rates and prices at its housing division have risen since Britons voted to leave the European Union, echoing sentiments from several other British builders.
* ASSOCIATED BRITISH FOODS: Snack foods company B&G Foods Inc is in talks to acquire ACH Food Companies Inc, the producer of Mazola cooking oil, from food supplier and retailer Associated British Foods Plc, according to people familiar with the situation.
* VODAFONE: Vodafone is planning an up to $3 billion equity infusion in its India unit to replace debt as competition intensifies with the entry of Reliance Jio Infocomm and bidding for spectrum gets underway in less than a month, the Economic Times reported on Wednesday. bit.ly/2c7yoDn
* TATA STEEL: A government plan to save Tata Steel's UK business by changing pensions law has been shelved, according to industry figures briefed on the matter, dealing a blow to efforts to support the troubled sector, the Financial Times reported on Tuesday. on.ft.com/2csJCm9
* WPP: The chief executive of the world's largest advertising company WPP told Reuters that Argentina's new government has made "significant" reforms in a short period of time and his group would like to make more acquisitions and investments in the country. Continuación...