Spanish stocks - Factors to watch on June 4

Melia Hotels International SA

04/06/2025 07:43

June 4 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

ACS ACS.MC

ACS is considering bidding to buy engineering firm TSK, which is worth between 500 million euros ($568.55 million) and 600 million euros, Spanish newspaper El Economista reported on Wednesday, citing market sources with knowledge of the process.

Separately, ACS's CIMIC said on Wednesday Leighton Asia has been awarded a contract by Elan Group to deliver a luxury residential construction project in India worth A$200 million  ($129.24 million).

MELIA HOTELS INTERNATIONAL MEL.MC

Banca March and Melia Hotels International have acquired the hotels Sol Tenerife, in the Canary Islands, and Innside Palma Bosque, in the Balearic Islands, for more than 140 million euros, Spanish newspaper El Economista reported on Tuesday.

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