Spanish stocks - Factors to watch on May 17
May 17 (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:
BBVA BBVA.MC
Spain's BBVA is selling about 300 branches as the lender shifts to digital offerings, according to Bloomberg. The price for the portfolio is about 100 million euros ($108.55 million), Bloomberg added, citing unidentified sources familiar with the matter. nL4N3HJ40Z
FCC FCC.MC
Mexican billionaire Carlos Slim's Spanish unit FCC FCC.MC plans to spin off its cement and real estate assets into a separate unit to be called Inmocemento, which would be then listed on the Madrid stock market.
CELLNEX CLNX.MC
Spain's mobile phone tower operator said on Thursday its subsidiary Cellnex Finance had completed the pricing of a 750 million-euro ($814.13 million) bond issuance. The bonds are set to be listed on the regulated market of Euronext Dublin, the firm added. nL8N3HK0PB
MERLIN PROPERTIES MRL.MC
The real estate company said on Thursday its first-quarter net profit fell to 64.8 million euros ($70.34 million). nL8N3HK0SU
Separately, it has appointed Jose Luis de Mora as chairman. nL8N3HK0R4
COLONIAL COL.MC
Spanish holding company Criteria will become the biggest shareholder in real estate group Colonial via a 622 million euro ($676 million) capital injection, Colonial said on Thursday. nL8N3HJ6NS
ACS ACS.MC
ACS said on Thursday that its unit CIMIC, through Leighton Asia, had won a contract to reconstruct Singapore's Choa Chu Kang Waterworks. The contract will generate revenues of about 160 million Australian dollars ($106.69 million) for Leighton Asia, ACS added. nL8N3HK0ZR
REDEIA REDE.MC
Barclays raised its target price for Redeia to 19.5 euros ($21.17) from 18 euros. nAZN1RA20Q
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