UK Stocks-Factors to watch on Tuesday Sept. 1

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Tuesday Sept. 1
Credit: © Reuters.

LONDON, Sept 1 (Reuters) - UK stocks were set to open lower on Tuesday after data showed China's manufacturing sector was in the grip of its worst slump in several years, with FTSE 100 equity futures FFIc1 down 1.7 percent at 0607 GMT.

Tuesday is the UK market's first trading day this week after closing for a public holiday on Monday.

For more on the factors affecting European stocks, please click on ID:nL5N1170CI

* ASTRAZENECA AZN.L - To partner with Valeant VRX.TO on brodalumab product. Under the terms of the agreement, Valeant will make an upfront payment to Astrazeneca of $100 million. ID:nWNAB085JM

* BWIN BPTY.L - Says receives a revised offer from 888 Holdings 888.L , which is being evaluated together with the proposal received from GVC Holdings GVC.L . ID:nL4N1162AI

* PUNCH TAVERNS PUB.L - Sees full-year profits in line with management expectations. ID:nFWN1160AB

* RENTOKIL RTO.L - Says it has acquired a new business in the United States, Steritech, for $425 million. Subject to U.S. regulatory approval. ID:nASM000BZ8

* AGA AGA.L - Receives approach regarding possible cash offer from Whirlpool Corporation (NYSE: WHR ). ID:nASM000BZB

* VIRGIN MONEY VM.L - CFO Lee Rochford steps down. ID:nFWN117002

* ROYAL DUTCH SHELL RDSa.L - Says Puget Sound refinery units normal after power blip. ID:nWNAB085EG


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