Spanish stocks - Factors to watch on May 20

Avangrid

20/05/2024 07:14

May 20 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
    
    IBERDROLA  IBE.MC  
    Spanish utility Iberdrola has agreed to acquire the
remaining 18.4% stake in Avangrid  AGR.N  that it does not
already own, the U.S. subsidiary said on Friday, in an all-cash
deal worth about $2.6 billion.  urn:newsml:reuters.com:*:nL1N3HK19E
    
    TUBACEX  TUBA.MC  
    The company said on Monday that Mubadala will take a 49%
stake in Tubacex's oil and gas exploration and production
tubular solutions (OCTG) business for $150 million.  urn:newsml:reuters.com:*:nFWN3HL0CL
    
    ORYZON  ORY.MC 
    The company announced on Friday the conversion of
convertible bonds up to 45 million euros.  urn:newsml:reuters.com:*:nL8N3HK5AQ
    
    ARIMA  ARM.MC  
    The company said on Saturday it would propose a share
capital reduction of 24.5 million euros.  urn:newsml:reuters.com:*:nL8N3HN0ML
    
    BBVA  BBVA.MC , SABADELL  SABE.MC 
    Sabadell's investor Martinez supports BBVA's hostile
takeover bid, Bloomberg reported on Friday.  urn:newsml:reuters.com:*:nFWN3HK1A6
    
    TELEFONICA  TEF.MC  
    Telefonica and H.I.G. Capital are among the suitors weighing
bids for Spanish Avatel Telecom, Bloomberg reported on Friday.
 urn:newsml:reuters.com:*:nFWN3HK1E3
    
    MELIA  MEL.MC  
    The hotel company aims to reach 150,000 rooms in the medium
term, a 50% growth compared to the end of 2023, and is
finalising agreements to incorporate portfolios in the Middle
East and Southeast Asia, Spanish economic newspaper Cinco Dias
reported on Monday.
    
    TALGO  TLGO.MC  
    Criteria Caixa has ruled out joining the Hungarian
consortium Ganz-Mavag in its bid for the Spanish train
manufacturer, Spanish newspaper El Economista reported on
Monday, citing unidentified market sources. 
        
  
        
  
    
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