LONDON, Aug 20 (Reuters) - Britain’s FTSE 100 index is seen opening slightly lower on Thursday, with futures trading down 0.2 percent. For more on the factors affecting European stocks, please click on
* The UK blue chip index closed down 122.84 points, or 1.9 percent, to 6,403.45 points on Wednesday.
GVC Holdings is prepared to increase its offer for Bwin to nearly 1.1 billion pounds to secure a takeover of its rival, UK newspaper The Times reported.
The company secured relaxed debt covenants to mid-2017 and reported a fall in first-half pre-tax profits to $170.6 million.
The UK lender reported a near trebling of its losses in the first half of 2015, reflecting reduced income, losses on the sale of assets and an increase in costs.
Kum Hon Tung has tendered his resignation as executive director, CFO and acting CEO to pursue other career opportunities.
WOrkers employed by Almar Investments are currently on a strike, International Ferro Metals said, and the company’s furnaces have had to intermittently reduce production.
TODAY‘S UK PAPERS
> Financial Times
> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News visit topnews.reuters.com (Reporting by Lionel Laurent)