UK Stocks-Factors to watch on Dec 2

martes 2 de diciembre de 2014 03:31 GYT
 

(Adds further company news)

LONDON Dec 2 (Reuters) - Britain's FTSE 100 index is seen opening up by 4-9 points, or 0.1 percent higher, on Tuesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed down 1 percent at 6,656.37 points on Monday after falling as low as 6,637.39, the lowest since Nov. 17. It is down just over 1 percent this year.

* SKY - Sky has hired investment bank Lazard to evaluate options for taking part in the wider consolidation in the UK telecommunications sector, the Financial Times reported on Tuesday. Sky has hired advisers to identify potential deals as talks between its rival BT Group Plc and mobile operators EE and O2 began. (on.ft.com/15MWErq)

* TESCO - The British grocer, reeling from an accounting scandal, has announced a new management structure that will see new group chief executive Dave Lewis take over the day to day leadership of its main UK operation on a temporary basis.

* AVIVA, FRIENDS LIFE - The boards of Aviva and Friends Life have reached an agreed on the terms of a recommended all-share acquisition of Friends Life by Aviva, the companies said on Tuesday. Holders of Friends Life shares will receive 0.74 new Aviva shares for each Friends Life share they hold.

* ROYAL MAIL - Postal regulator Ofcom on Tuesday said it would not review rules for end-to-end delivery competition in Britain, dealing a blow to Royal Mail which has complained rival offers will undermine its ability to deliver a nationwide service.

* CENTRICA - Centrica's Ivory exploration well in the Norwegian Sea encountered a gas layer but it was not yet possible to determine if the discovery is economically recoverable, Rocksource and Atlantic Petroleum, partners in the find said on Tuesday.   Continuación...