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Spanish Stocks - Factors To Watch On Wednesday

Source: Reuters - Wed 29th Dec 2010

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:

ACS & HOCHTIEF

Wednesday is the last day of the accpetance period for Spanish builder ACS' all share offer for German peer Hochtief.

REPSOL & SINOPEC

Spanish energy company Repsol said on Tuesday it had completed a capital hike of $7.1 billion subscribed by China's Sinopec. For full full story click on.

SPAIN PENSION REFORM

Spain's all party commission on pensions, the Toledo Pact, will today formalise its recommendations on the country's planned pension reform, local radio RNE said.

Urged by Brussels and economists, the government is bringing forward its target for passing the legislation to end-January from an initial end-March deadline.

The most contentious proposal tabled by the government is raising the pension age to 67 from 65.

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