Spanish stocks - Factors to watch on May 17

MERLIN Properties SOCIMI

17/05/2024 07:38

May 17 (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:
    
    BBVA  BBVA.MC  
    Spain's BBVA is selling about 300 branches as the lender
shifts to digital offerings, according to Bloomberg. The price
for the portfolio is about 100 million euros ($108.55 million),
Bloomberg added, citing unidentified sources familiar with the
matter.  urn:newsml:reuters.com:*:nL4N3HJ40Z
    
    FCC  FCC.MC 
    Mexican billionaire Carlos Slim's Spanish unit FCC  FCC.MC 
plans to spin off its cement and real estate assets into a
separate unit to be called Inmocemento, which would be then
listed on the Madrid stock market. 
    
    CELLNEX  CLNX.MC  
    Spain's mobile phone tower operator said on Thursday its
subsidiary Cellnex Finance had completed the pricing of a 750
million-euro ($814.13 million) bond issuance. The bonds are set
to be listed on the regulated market of Euronext Dublin, the
firm added.  urn:newsml:reuters.com:*:nL8N3HK0PB
    
    MERLIN PROPERTIES  MRL.MC  
    The real estate company said on Thursday its first-quarter
net profit fell to 64.8 million euros ($70.34 million).
 urn:newsml:reuters.com:*:nL8N3HK0SU
    Separately, it has appointed Jose Luis de Mora as chairman.
 urn:newsml:reuters.com:*:nL8N3HK0R4
    
    COLONIAL  COL.MC  
    Spanish holding company Criteria will become the biggest
shareholder in real estate group Colonial via a 622 million euro
($676 million) capital injection, Colonial said on Thursday.
 urn:newsml:reuters.com:*:nL8N3HJ6NS
    
    ACS  ACS.MC  
    ACS said on Thursday that its unit CIMIC, through Leighton
Asia, had won a contract to reconstruct Singapore's Choa Chu
Kang Waterworks. The contract will generate revenues of about
160 million Australian dollars ($106.69 million) for Leighton
Asia, ACS added.  urn:newsml:reuters.com:*:nL8N3HK0ZR
    
    REDEIA  REDE.MC  
    Barclays raised its target price for Redeia to 19.5 euros 
($21.17) from 18 euros.  urn:newsml:reuters.com:*:nAZN1RA20Q
    
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please double click on  .IBEX  
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    For latest news on Spanish stock moves double click  HOT-ES 
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($1 = 0.9212 euros)
($1 = 1.4997 Australian dollars)

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