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Spanish stocks - Factors to watch on May 28

Spanish stocks - Factors to watch on May 28

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

COLONIAL COL.MC

Colonial said on Wednesday it bought a 50% stake in Inmocol Torre Europa for 15.2 million euros in a related-party transaction approved by its board, with the affected director abstaining from the vote.


CLINICA BAVIERA CBAV.MC

The company reported on Wednesday a 14.7 million euro net profit for the first quarter of the year.


EDREAMS EDRE.MC

Spanish online travel booking firm eDreams Odigeo reported on Thursday a rise in its full-year net profit, driven by continued growth in its Prime subscription base, its main revenue engine.


ERCROS ECR.MC

The board said on Wednesday it will propose delisting and a cash tender offer at 3.51 euros per share, with Bondalti Iberica locking 77.23% ahead of a June 30 meeting.

INDRA IDR.MC

Indra's new chairman Angel Simon plans to propose cutting the number of board directors ahead of the next shareholders' meeting, a move expected to strengthen state holding SEPI's influence after recent governance tensions, Spanish newspaper El Confidencial reported on Thursday, citing sources familiar with the matter.


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($1 = 0.8627 euros)


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