Spanish stocks - Factors to watch on Feb 8

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 8 (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 Sabadell has picked Italian payments group Nexi as the preferred bidder to acquire the Spanish bank's retailers' payments business, two sources with knowledge of the matter said. SANTANDER Santander valued its Mexican business at around 8.1 billion euros ($8.65 billion) on Tuesday with the launch of a voluntary tender offer to acquire the 3.76% of shares it does not own, taking a step towards its de-listing. RED ELECTRICA The Spanish government has awarded satellite operator Hispasat, owned by Red Electrica, a contract to extend broadband connectivity to all rural areas, the Economy Ministry said on Tuesday. GRENERGY RENOVABLES The company said on Wednesday it had closed a green project financing for the 150MW Belinchon solar plant in Spain. MONTEBALITO Montebalito said on Tuesday its full-year net profit rose to 4.1 million euros compared to 3.2 million euros reported a year ago. GRIFOLS Morgan Stanley raises target price to 16 euros from 14 euros. For today's European market outlook double click on .


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