June 19 (Reuters) - Britain's FTSE 100 index is expected to open lower on Monday, with futures down 0.42%.

* COCA-COLA: Coca-Cola HBC AG said it would buy Finlandia vodka brand owner Brown-Forman Finland Oy from Brown-Forman Netherlands BV for $220 million, as the bottler expands its premium spirits business.

* ASTRAZENECA: Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, FT reported.

* RIO TINTO: Rio Tinto was working on Monday to recover about 30 wagons of a self-driving iron ore train that derailed in Western Australia, an accident that analysts said had the potential to disrupt its exports, although no one was injured.

* MANUFACTURERS: Britain's main manufacturing trade body Make UK revised up its outlook for this year thanks to strong demand for aircraft and electronics, but said it still expects production to fall over year as a whole.

* HOUSE PRICES: Asking prices for British homes fell in June for the first time in six years, indicating an earlier-than-usual summer slowdown, a survey showed.

* MORRISONS: British supermarket Morrisons said it was cutting the prices of 47 products by an average of over 25%, in another sign that a surge in inflation might be set to abate.

* OIL: Global oil prices fell more than $1 on Monday, backing off last week's gains, as questions over China's economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in the United States.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines (Reporting by Hani Kollathhodi and Radhika Anilkumar in Bengaluru; Editing by Dhanya Ann Thoppil)