off-the-wire

Spanish stocks - Factors to watch on March 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 3 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


ORYZON GENOMICS Oryzon Genomics said on Thursday the investor Nice & Green applied for a new bonds conversion for an aggregate nominal amount of 1.9 million euros at a conversion price of 2.4272 euros per share. BBVA Investment fund BlackRock has increased its stake in BBVA to 7.4%, up from the 5.9% it last reported to the Spanish National Securities Market Commission (CNMV) in 2019, according to the latest information sent to U.S. market regulator SEC, Spanish online news website El Confidencial reported on Friday.


TELEFONICA Telefonica has reached a pre-agreement with trade unions on the first unified deal for the company's 3,500 employees and the global business units that includes a joint wage increase of more than 7.5% for the year 2023 and 2024, with a corrective factor for the CPI, Spanish newspaper Cinco Dias reported on Friday.


ACCIONA Acciona has won, together with the Indian company KPTL and the local company Genus, a lot in Australia for the Humelink project, a 700km-long high voltage network, with an investment budget of 1.2 billion Australian dollars ($810.36 million), Spanish economic newspaper Expansion reported on Friday.


GRIFOLS In a meeting held with some of its investors, Grifols said that it is considering selling all or part of its stake in Shanghai Raas, a Chinese company specialising in the sale of plasma products, Spanish online news website El Economista reported on Friday, adding the new chairman, Thomas Glanzmann, again rejected a capital increase.


FCC FCC is in talks with the Canadian pension fund CPPIB to sell a stake of up to 30% in its environmental subsidiary, whose enterprise value could be about 6 billion euros, according to several market sources cited by Spanish economic newspaper Expansion.


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