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Spanish stocks - Factors to watch on Aug 24

Spanish stocks - Factors to watch on Aug 24

- 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:


BANCO SANTANDER SAN.MC

The company said on Friday its share capital will be reduced by 3.08% following the completion of a €5.03 billion buy-back programme.


TELEFONICA TEF.MC

Spain's Defence Ministry has awarded Telefonica, Aicox and ADC Ingenieria Aeroespacial three lots in a framework agreement worth about €9.4 million to modernise satellite communications infrastructure for the military, Spanish newspaper Expansion reported on Monday.


DEOLEO OLEO.MC

Italian olive oil producer Coricelli has emerged as the frontrunner to acquire Deoleo, valuing the company at about €500 million, ahead of rival bids from Spain's Dcoop, Acesur and BF, according to newspaper Cinco Dias.



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