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Spanish stocks - Factors to watch on March 20

March 20 (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:

INDRA IDR.MC

Spanish defence company Indra on Thursday said that Escribano Mechanical and Engineering had withdrawn from the possible acquisition of EM&E by Indra.

The transaction had been a point of contention between state-owned fund SEPI, which owns a 28% stake in Indra, and Indra's chairman, Angel Escribano, who owns EM&E together with his brother Javier, who also sits on Indra's board.

REPSOL REP.MC

HSBC raised Repsol's target price to 22 euros from 17.5 euros.

COLONIAL COL.MC

Colonial SFL is finalising its entry into Germany, with its sights set on Munich and Berlin, its CEO Pere Viñolas said, adding that the real-estate company is in "advanced talks" to purchase assets in the country, newspaper Expansion reported late on Thursday.

NEXTIL NXTE.MC

Nextil said on Friday it would hold a 70% stake in Portugal's Sindutex for 1.8 million euros ($2.08 million) after signing a memorandum of understanding with the company.

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($1 = 0.8643 euros)

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