UK Stocks-Factors to watch on May 3
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May 3 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.2%.
* ANGLO AMERICAN: Commodities group Glencore GLEN.L is studying an approach for Anglo American AAL.L, two sources said, a development that could spark a bidding war for the 107-year old mining company.
* DIAGEO: Global drinks group Diageo DGE.Lnamed Nik Jhangiani as its chief financial officer (CFO), replacing Lavanya Chandrashekar who will step down after three years in the role.
* IHG: Holiday Inn owner Intercontinental Hotels Group (IHG) IHG.L posted a 2.6%rise in first-quarter room revenue, helped by its performance in Japan, Australia, Europe and the Middle East.
* MONDI: British packaging group Mondi MNDI.L said its volumes for the first three months of 2024 were higher than the previous quarter, thanks to improving demand for its products.
* PENNON: Britain's competition watchdog said that water company Pennon Group's PNN.L acquisition of Sutton and East Surrey (SES) Water could harm the country's water regulator's ability to make comparisons between water companies and carry out statutory functions.
* GSK: U.S. attorneys for a woman who claims her colon cancer was caused by the now discontinued heartburn drug Zantac told a jury in Chicago that pharmaceutical companies GSK and Boehringer Ingelheim knew the product could cause cancer if it was not handled properly but failed to warn the public.
* OIL: Oil prices edged up in early trade on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for weekly losses on U.S. economic uncertainty and limited crude supply disruptions caused by the Israel-Hamas war.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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Reporting by Prerna Bedi in Bengaluru
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