March 12 (Reuters) -
Britain's FTSE 100 index is seen opening up 8points higher at 7,233 on Monday, according to financial bookmakers. * GKN-MELROSE: GKN has struck a
$6.1 billion deal to merge itsautomotive business with
U.S. company Dana Incorporated in a move by theBritish engineer to fend off a hostile takeover by turnaround specialist MelroseIndustries. * RECKITT BENCKISER: Reckitt Benckiser has no regrets about its
$17billion acquisition of Mead Johnson last year, its chief executive said, eventhough there are concerns it may now be too stretched to buy Pfizer's PFE.Ncoveted consumer health business. * SAUDI ARAMCO IPO: British officials have been informed by their Saudicounterparts that oil giant Saudi Aramco's IPO-ARMO.SE initial public offeringis likely to be delayed until 2019, the Financial Times reported. * GOLD: Gold prices were steady on Monday as the
U.S. dollar inched lower,with the latest
U.S. jobs report easing fears of inflation and faster
U.S. ratehikes. * OIL: Oil markets edged up on Monday on the back of a drop in the number of
U.S. rigs drilling for more production and as the
U.S. economy continued tocreate jobs, which industry hopes will drive higher fuel demand. * The
UK blue chip FTSE 100 index closed 0.3 percent higher at7,224.51 points on Friday, joining in a broader equity rally followingsupportive
U.S. jobs data which calmed investor nerves over tighter monetarypolicy. * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets *
UK CORPORATE DIARY: Polymetal International Full Year 2017 Earnings Release Diurnal Group PLC Half Year 2018 Earnings Release TODAY'
S UK PAPERS > Financial Times > Other business headlines Multimedia 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 Siju Varghese)