March 25 (Reuters) - Britain's FTSE 100 is seenopening 27 points lower at 7,181 on Monday, according tofinancial bookmakers, while FTSE 100 futures were down0.38 percent ahead of the cash market open.* MAJESTIC: Majestic Wine said on Monday it wouldfocus on its online wine retail business Naked Wines byreleasing capital from its Retail and Commercial operations asBritain nears its exit from the European Union.* INMARSAT: A private equity-led consortium on Monday agreedto buy British satellite operator Inmarsat for about$3.4 billion in cash.* CONVATEC: British medical devices maker ConvaTec Group Plcon Monday named Genus Plc's top boss KarimBitar as its chief executive officer and said ChairmanChristopher Gent would retire from his role.
* ROYAL DUTCH SHELL: Just over a year after buying FirstUtility, Royal Dutch Shell has rebranded the Britishhousehold energy supplier and is switching all its customers torenewable electricity as the oil and gas giant seeks to expandits low-carbon business.
* FLACKS: Flacks Group said on Friday it would not make anoffer for Laura Ashley Holdings, nearly a month afterthe British fashion retailer dismissed an unsolicited takeoveroffer from the investment firm.
* GVC Holdings: Ladbrokes owner GVC Holdings Plc'schairman, Lee Feldman, is preparing to leave the company, daysafter offloading a large stake at a discounted price, Sky Newsreported on Friday.
* GOLD: Gold rose on Monday as investors' appetite forriskier assets faded on concerns about a potential U.S.recession and decelerating global growth, increasing appeal forthe bullion alongside yen and bonds.
* OIL: Oil prices dropped by almost 1 percent on Monday,with concerns recession could be looming outweighing supplydisruptions from OPEC's production cutbacks and from U.S.sanctions on Iran and Venezuela.
* The UK blue-chip index closed 0.21 percent lower at7207.59 on Friday as a surge in the pound weakened exporterstocks and poor manufacturing data from the euro zone and theUnited States pulled the index deeper into the red.
* For more on the factors affecting European stocks, pleaseclick on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlinesMultimedia versions of Reuters Top News are now available for:* 3000 Xtra : visit http://topnews.session.rservices.com* For Top News : http://topnews.reuters.com(Reporting by Adil Bhat in Bengaluru)