STOCKS NEWS EUROPE-SOS Cuetara gains on stake buy hopes

Shares in Spain's SOS Cuetara (SOS.MC) gain 8.3 percent after El Economista says U.S. fund Overture Acquisition Corporation (NLX) wants to invest 200 million euros ($277.8 million) buying a stake in the olive oil group, removing the need for a cash call.

Reports also tip olive oil groups Borges and Cargill as potential buyers.

"(It's) good news if some investors start to have interest in the company. Nevertheless we believe that a capital increase is still necessary and overhang risk still present," Fortis analysts say in a note.

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($1=.7200 Euro)