MADRID, July 25 (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:
Spain’s Inveravante, an investment vehicle owned by businessman Manuel Jove, has cut its stake in the country’s second-biggest lender BBVA to 2.99 percent, the group said on Tuesday.
Spanish pharmaceutical company Almirall SA said late on Tuesday its inhaled treatment for smoker’s cough, a serious lung disease known as COPD, had been approved by European regulators.
Spain’s nationalised lender is expected to give minority investors senior debt in exchange for 3.125 billion euros in preference shares implying losses of between 30 and 50 percent on their investment, financial daily Cinco Dias reported citing unnamed financial sources.
Abertis is due to report first-half results.
Iberdrola is due to report first-half results.
Acciona is due to report first-half results.
Acerinox is due to report first-half results.
Sabadell is due to report first-half results.
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