UK Stocks-Factors to watch on Nov. 14

viernes 14 de noviembre de 2014 03:37 GYT

LONDON Nov 14 (Reuters) - Britain's FTSE 100 index headed for a steady open on Friday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* Futures for the index were 0.1 percent higher by 0734 GMT.

* The UK blue chip index closed up 0.4 percent at 6,635.45 points on Thursday.

* GLAXOSMITHKLINE - Apollo Global Management is planning to bid for all GlaxoSmithKline's mature drugs, joining an auction expected to value the business at more than $3 billion, according to four people familiar with the process.

* GLENCORE - The world's largest exporter of thermal coal plans to shut its Australian mines for three weeks to help attack a crippling global supply glut that has pushed prices to 5-1/2 year lows.

* IMI - The British engineering company said it would acquire Bopp & Reuther Holding GmbH for an enterprise value of 152.6 million euros (about $190 million) to strengthen its power sector offering in emerging markets.

* AGGREKO - The company said trading since its interim results in August had been in line with its expectations and underlying group revenue in the third quarter was 6 percent ahead of the same period last year.

* BP - A U.S. judge weighing how much BP should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company's conduct was "grossly negligent."

* J SAINSBURY - The company launched an offering of c. 400 million pounds convertible bonds due 2019 and the proceeds will be used to refinance sainsbury's 190 million pounds convertible bonds redeemed in July 2014.   Continuación...