Merlin Properties shares fall on reports of potential capital increase
** Merlin Properties MRL.MC shares fall almost 3% after Spanish newspaper El Confidencial reported that the board of director's group is meeting at the end of this week to likely launch a capital increase of 1.0 billion euros ($1.09 billion) to invest in the construction of data centers
** The transaction would have the support of Santander SAN.MC, which had so far disagreed with these plans, El Confidencial said
** CM Capital Markets sees the news as negative due to the dilutive impact of the potential capital increase
** Shares on track for their worst day since May
($1 = 0.9145 euros)
Reporting by Matteo Allievi
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