Spanish stocks - Factors to watch on Monday
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:
The fund Guggenheim Partners and investor George Soros could help FCC's main shareholder Esther Koplowitz refinance 1 billion euros of debt, which would allow her to take part in a capital increase at the Spanish construction company, Expansion reported on Monday citing sources close to the process.
Bond holders in Escal UGS, which is majority owned by ACS, gave their backing on Friday to the company's decision to give up the concession of the offshore gas facility Castor, a decision which opens the door to request state compensation.
Spanish banks Caixabank and Banco Santander are the frontrunners to buy bailed-out lender Catalunya Banc in the government's third attempt to sell it, sources with knowledge of the process said on Friday.
Separately, a former Santander executive will pay $1.92 million to settle a U.S. lawsuit accusing him of insider trading ahead of a proposed 2010 takeover of Potash Corp of Saskatchewan Inc by mining group BHP Billiton Ltd.
Creditors of a bankrupt Spanish motorway business, owned by builders Ferrovial and Sacyr, delayed a meeting to decide whether to liquidate it on Friday, two sources close to the talks said, giving the government more time to find a way to prevent billions in debt going on to its books.
For today's European market outlook double click on.
For real-time moves on the Spanish blue-chip index IBEX please double click on
For IBEX constituent stocks highlight .IBEX in the command box and press the F3 button on your keyboard
For latest news on Spanish stock moves double click
For Spanish language market report double click on
For latest Eurostocks report please double click on
(Editing by Mark Potter)
- More troops deployed in Ferguson to guard against fresh riots |
- Merkel hits diplomatic dead-end with Putin
- Jewish-nation bill frays Israel's delicate social fabric
- Ukraine reports new arrivals of Russian supplies for eastern rebels |
- Gunshots echo as violence returns to Ferguson, protests across U.S.
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video