Spanish stocks - Factors to watch on March 21

Corporacion Financiera Alba SA

21/03/2025 07:09

March 21 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

INDITEX ITX.MC

Inditex-owned ITX.MC fast-fashion retailer Zara opened what it dubbed a new-style Asia flagship store in the eastern Chinese city of Nanjing on Friday as part of its global push to cut underperforming shops and double down on larger retail formats.

SABADELL SABE.MC

The chairman of Spain's Sabadell SABE.MC, Josep Oliu, said on Thursday BBVA BBVA.MC would have to present a "very different" value proposal to offset all the risks and difficulties the hostile takeover bid from Sabadell's larger rival represents.

Separately, Sabadell said on Thursday it approved two buyback programs.

CIE AUTOMOTIVE CIEA.MC

The company said on Thursday it launched partial tender offer for its own shares.

ALBA ALB.MC

Spain's Market Regulator said on Thursday it authorised Alba's delisting bid.

ACS ACS.MC

Barclays raised its target price to 50 euros ($54.15) from 42 euros.

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($1 = 0.9234 euros)

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