April 29, 2013 / 4:00 AM / 5 years ago

Spanish stocks - Factors to watch on Monday

MADRID, April 29 (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:


Private equity firm KKR & Co LP has agreed to give Uralita a 320 million-euro ($417million), seven-year loan to re-pay creditors and bondholders, the Spanish firm said in a regulatory filing on Monday.


La Caixa - Spain’s third largest banking group and shareholder of companies like Telefonica, Repsol <REP.MC and Gas Natural - is studying creating a holding group for the stakes and bringing in new partners, Expansion reported, citing sources from the companies.


British bank Lloyds has agreed to sell its Spanish banking business to Banco Sabadell in exchange for a stake in the Spanish bank of between 1.5 and 2.0 percent, newspaper Expansion reported citing unnamed sector sources.


Spain’s biggest bank Santander is in exclusive talks with U.S. private equity firms Warburg Pincus and General Atlantic LLC to sell a stake in its asset management business, three people familiar with the discussions said.


Spanish state-owned banking group BFA has pledged to spend up to 275 million euros ($358 million) on buying new shares to be issued by subsidiary lender Bankia next month.


Spanish stock market regulator CNMV said on Friday it had proposed Deloitte DLTE.UL as the administrator of Spanish fishing firm Pescanova PVA.MC, which has filed for insolvency.

Separately, newspaper El Pais said on Monday that Pescanova’s debt is close to 4 billion euros.


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