May 29, 2018 / 5:18 AM / in 7 months

UK Stocks-Factors to watch on May 29

    May 29 (Reuters) - Britain's FTSE 100         index is seen opening 36
points lower at 7,695 on Tuesday, according to financial bookmakers. 
    
    * VEDANTA RESOURCES: India's Tamil Nadu state has ordered a permanent
closure of a big copper smelter run by London-listed Vedanta Resources        ,
the state chief minister said on Monday, after protests demanding its shutdown
killed 13 people last week.             
    * ITV PLC: British broadcaster ITV Plc         is considering entering into
a joint venture valued at 1 billion pounds ($1.33 billion) with BBC to acquire
half of broadcaster UKTV, the Telegraph newspaper reported on
Monday.            
    * PRET A MANGER: Luxembourg-based JAB Holdings is set to buy British
sandwich chain Pret A Manger IPO-PRET.L for 1.5 billion pounds ($2.0 billion),
including debt, from its private equity owners, the Financial Times reported
late on Monday.             
    * ROYAL BANK OF SCOTLAND: Britain could sell a 10 percent stake in Royal
Bank of Scotland         as soon as this week, Sky News reported on Monday,
citing banking sources.            
    * STANDARD CHARTERED: Standard Chartered's          private equity arm is
seeking to sell its stake in a unit of Saudi Binladin Group, the construction
group whose owners were entangled in Saudi Arabia's anti-corruption purge, said
three sources familiar with the matter.            
    * OIL: Oil prices were mixed in Asian trading on Tuesday, but remained under
pressure from expectations that Saudi Arabia and Russia would pump more crude to
ease a potential shortfall in supply.            
    * The UK blue chip index ended the day up 0.18 percent at 7,730.28 points on
Friday.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 
        
    TODAY'S UK PAPERS
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 (Reporting by Harish Bhaskar)
  
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