Spanish stocks - Factors to watch on Oct. 19
19/10/2020 07:43
Oct 19 (Reuters) - The following Spanish stocks may be
affected by newspaper reports and other factors on Monday.
Reuters has not verified the newspaper reports, and cannot vouch
for their accuracy:
PROMOTORA DE INFORMACIONES PRS.MC
Spain's Prisa said on Monday it has entered into a lock-up
agreement to restructure its syndicated debt with a
representative group of its main financial creditors.
urn:newsml:reuters.com:*:nFWN2H714Y The media firm also announced it has signed an
agreement with Sanoma Corporation SAA1V.HE to sell pre K-12
and K-12 Santillana business in Spain for 465 million euros
($544.47 million). urn:newsml:reuters.com:*:nL8N2HA0XI
SOLTEC SOL.MC
Spanish solar-equipment manufacturer, Soltec, said on
Saturday the non-binding proposals for subscription of shares
received from qualified investors until Friday were sufficient
to cover volume of offer within indicative and non-binding price
band. urn:newsml:reuters.com:*:nL8N2HA0LN
TELEFONICA TEF.MC
Spanish telecom giant Telefonica TEF.MC is readying an
alliance with the private equity arm of German insurer Allianz
ALVG.DE to finance a 5 billion euro infrastructure investment in
Germany, Spanish newspaper Expansion said on Monday, citing
unidentified financial sources. urn:newsml:reuters.com:*:nL8N2HA0ZY
ACS ACS.MC
ACS's unit CIMIC Group CIM.AX said on Monday it will sell
half of its mining services business to activist hedge fund
Elliott Management, valuing the unit Thiess at A$4.3 billion
($3.04 billion). urn:newsml:reuters.com:*:nL4N2H90ID
BERKELEY ENERGIA BKY.AX
Australian uranium explorer Berkeley Energia said on Sunday
it will be included in Ibex Small Cap Index as of October 19.
urn:newsml:reuters.com:*:nFWN2H70LN
INDITEX ITX.MC
Bernstein raised to "outperform" from "market perform" and
raised its target price to 31 euros from 29 euros. [nFWN2HA055
ZARDOYA OTIS ZOT.MC
Kepler Cheuvreux upgraded Spanish elevator equipment
manufacturer Zardoya Otis to "hold" from "reduce" and raised its
target price to 5.50 euros from 5.30 euros. urn:newsml:reuters.com:*:nFWN2HA02G
APPLUS APPS.MC
Citigroup raised its target price to 11.5 euros from 9
euros. urn:newsml:reuters.com:*:nFWN2HA01R
IAG ICAG.L
Barclays cut its target price for Iberia's owner, IAG, to
120p from 188p. urn:newsml:reuters.com:*:nFWN2HA040
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