Spanish stocks - Factors to watch on Oct 1

Nueva Expresion Textil SA

01/10/2025 07:05

Oct 1 (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:

SABADELL SABE.MC, BBVA BBVA.MC

Sabadell board member and third-largest shareholder David Martinez will accept BBVA's improved hostile takeover offer, he said on Tuesday, boosting the prospect of the bigger Spanish bank taking over its smaller rival.

ACS ACS.MC

ACS's U.S. unit Turner won in consortium a contract worth around $1 billion to build a hospital in Memphis, Tennessee, Expansion reported on Wednesday.

CELLNEX CLNX.MC

Jefferies cut Cellnex's target price to 45 euros ($52.90) from 48.8 euros.

TALGO TLGO.MC

Talgo said on Tuesday it booked a 65.7 million euro loss in the first half of the year.

NEXTIL NXTE.MC

Nextil is considering expanding its production in the U.S. and in Guatemala to benefit from their advantage over China in regards to tariffs, CEO Cesar Revenga said in an interview with El Confidencial.

($1 = 0.8506 euros)

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