Spanish stocks - Factors to watch on Monday

Mon Jun 23, 2014 2:44am EDT

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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:

SANTANDER

Spain's largest bank Santander said on Monday it has agreed to acquire GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for 700 million euros.

ABERTIS

Spanish concession operator Abertis has contracted Barclays in its hunt to acquire a U.S. highway, Expansion reported without citing sources.

ECONOMIC NEWS

Spain's Treasury Ministry Cristobal Montoro to explain the planned tax reform, yet to be signed off before passage through parliament.

Prime Minister Mariano Rajoy reiterated on Saturday that the reform will not affect the public deficit while Montoro said on Sunday the reform would cost the state 9 billion euros over two years.

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