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LONDON, Oct 12 (Reuters) - European equity futures were steady on Monday, with the region's stock markets having marked their best weekly gain since January last Friday.
Futures on the Euro STOXX 50 STXEc1 dipped 0.1 percent, while futures for Germany's DAX FDXc1 were flat. Futures on Britain's FTSE 100 FFIc1 fell 0.3 percent.
Shares in Glencore GLEN.L could come into focus after the mining and trading giant said it planned to sell copper mines in Australia and Chile to reduce its debt pile, while a source told Reuters that AB InBev ABI.BR could raise its offer for rival SAB Miller SAB.L.
The pan-European FTSEurofirst 300 index .FTEU3 rose 0.4 percent on Friday, to record its biggest weekly gain since January.
COMPANY NEWS:
AB INBEV ABI.BR /SAB MILLER SAB.L :
Brewer Anheuser-Busch InBev ABI.BR may raise its takeover offer for SABMiller SAB.L ahead of Wednesday's bid deadline, a source close to the matter said on Sunday.
AIRBUS AIR.PA :
France and Saudi Arabia are to agree big aerospace contracts when French Prime Minister Manuel Valls visits the kingdom on Tuesday, sources close to the matter said on Sunday.
AXFOOD AXFO.ST :
Swedish food retailer Axfood AXFO.ST said on Monday sales and operating profit in the third quarter had exceeded its own expectations.
CREDIT SUISSE CSGN.VX :
Swiss bank Credit Suisse CSGN.VX could cut up to 2 billion Swiss francs ($2.08 billion) in costs as part of a revamp that new Chief Executive Tidjane Thiam will announce this month, the Schweiz am Sonntag paper reported.
FERRARI/FIAT FCHA.MI :
Italian luxury carmaker Ferrari expects its U.S. initial public offering to be priced in a range of between $48 and $52 per share, which could value the company at up to $9.8 billion, it said.
GLENCORE GLEN.L :
Glencore GLEN.L said on Monday it plans to sell copper mines in Australia and Chile as the mining and trading company aims to reduce its debt pile.
HSBC HSBA.L :
A senior player in HSBC's push to improve the way it polices transactions for criminal activity left the British bank late last month, creating a possible gap in leadership as it seeks to satisfy compliance demands from U.S. regulators and the U.S. Department of Justice.
LAFARGEHOLCIM LHN.VX :
LafargeHolcim LHN.VX on Monday replaced its chief financial officer with an executive from medical technology and electronics maker Philips as the cement giant reshapes its leadership under new CEO Eric Olsen.
PHILIPS PHG.AS :
Philips NV PHG.AS said on Monday it has appointed Abhijit Bhattacharya as chief financial office, effective immediately, succeeding the departing Ron Wirahadiraksa.
PROSIEBENSAT.1 PSMGn.DE :
German broadcaster ProSiebenSat.1 PSMGn.DE said it was buying Swedish online travel agency Etraveli Holding AB from private equity firm Segulah IV LP in a deal valued at around 235 million euros ($267 million).
TESCO TSCO.L :
Tesco TSCO.L , Britain's biggest supermarket chain, has revamped its price-matching scheme to give shoppers instant reductions on branded goods at the till, the latest shot to be fired in the current price war.
UBI UBI.MI :
Italian cooperative bank UBI UBI.MI is talking to domestic rival Banco Popolare BAPO.MI among others about a possible tie-up after a government reform of the sector that is expected to spur a wave of mergers between the country's lenders.
UTILITIES:
Shares in Germany's biggest utilities E.ON EONGn.DE and RWE RWEG.DE rose in pre-market trading after passing a stress test of their nuclear provisions.