June 29, 2020 / 6:33 AM / 14 days ago

Spanish stocks - Factors to watch on June 29

June 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:


Spanish utility Iberdrola entered a bidding war for Australian wind and solar firm Infigen Energy raising its bid to A$856 million ($589.1 million)on Monday, shortly after Philippine conglomerate Ayala Corp hiked its offer.


The CEO of Iberia, owned by IAG, was quoted on Sunday saying that the group is reviewing its planned 1 billion euro ($1.1 billion) acquisition of Air Europa because of the harsh economic climate caused by COVID-19.


Spanish bank said on Friday it intends to carry out a partial redemption and cancellation of 500 million euros bonds from its bonds series 18ª–June 2027.


Company’s Board said on Friday it updated its capital increase proposal to 66.8 million euros, with a total combined amount of share capital and share premium of 220.5 million euros to be subscribed and paid in full by non-cash contributions.


The company said on Sunday that the client of its power station project in Dubai, Dubai Electricity & Water Authority (DEWA), issued a “notice of termination” with effect on July 1, 2020.

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