UK Stocks-Factors to watch on March 20

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UPDATE 1-UK Stocks-Factors to watch on March 20

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March 20 (Reuters) - Britain's FTSE 100 futures FFIc1 were flat ahead of the cash market open on Monday.

* PHOENIX: Phoenix Group HoldingsPHNX.L , Britain's largest owner of life assurance funds closed to new customers, raised its long-term cash generation target due to benefits of acquisitions made last year.*:nL4N1FV35C

* UNILEVER: Unilever ULVR.L is preparing a 6 billion pound ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday.*:nL5N1GV0UP

* BHP BILLITON: The labor union at the world's largest copper mine, BHP Billiton's BLT.L Escondida in Chile, called a fresh offer of talks by management to end a 39-day strike "manipulative."*:nL2N1GW0IO

* RBS: Lawyers representing tens of thousands of Royal Bank of Scotland (RBS) RBS.L shareholders have held tentative talks to settle a 1.2 billion pound damages claim over the lender's 2008 rights issue that was launched shortly before a state bailout, two sources said.*:nL5N1GV08R

* PETROFAC/WOOD GROUP: Canada'sSNC-LavalinSNC.TO and PetrofacPFC.L are eyeing Wood GroupWG.L and Amec Foster WheelerAMFW.L with the aim of acquiring assets and contracts likely to be divested by the UK pair as a result of their 2.2 bln pounds merger, the Financial Times reported on Sunday.*:nL3N1GW0F3

* ASTRAZENECA: A newer class of type 2 diabetes drugs significantly cut the risk of death and hospitalization for heart failure compared with other medicines for the disease, according to data released on Sunday from a so-called real world study sponsored by AstraZenecaAZN.L .*:nL2N1GV0EP

* MELROSE: Melrose IndustriesMRON.L bosses are likely to be handed shares worth more than 150 mln pounds, Sky News reported on Sunday.*:nL3N1GW0EL

* BRITAIN HOUSING: Asking prices for homes in England and Wales are showing above-average increases as a shortage of properties for sale outweighed any nervousness about Brexit, a survey published by property data firm Rightmove showed on Monday.*:nL5N1GU4SS

* BREXIT: Prime Minister Theresa May will visit Wales on Monday as part of a plan to engage with all the nations of the United Kingdom before she formally launches Britain's departure from the European Union.*:nL5N1GW0CD

* OIL: Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets.*:nL3N1GX1CR

* The UK blue chip FTSE 100 .FTSE index ended 0.1 percent higher at 7,424.96 points on Friday, closing at a record level but with a stronger sterling capping gains.*:nL5N1GU4R6

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


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(Reporting by Siju Varghese; Editing by Amrutha Gayathri) (( ; Tel: +91 80 6749 3687; Reuters Messaging:


This article appears in: World Markets , World Markets , Economy , Stocks , World Markets , Stocks
Referenced Symbols: AMFW , AZN , BHP , BLT , FFIC

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