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The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
ACS
The Spanish conglomerate is expected to announce the results of its unsolicited offer for German builder Hochtief this morning, which could trigger the next stage in ACS' plan to take control of the company if it takes the Spanish company's stake past 30 %.
El Economista newspaper said ACS aimed to increase its stake in utility Iberdrola to 25 % from a current 20.2 %, citing market sources.
BANKS
China's Vice Premier Li Keqiang meets key members of Spain's governnment on an official visit. Li said that China is a long term investor in Spain's government debt in an Editorial on Monday.
- Spain to veto Scotland entry to EU ?
- Spain's obsession with the AVE runs into budget reality
- 12 Months since "Castellon Airport open this year" promise
- 12 Months today since "Corvera open by October" Promise
- Spain Property Prices Decelerates Most in Q4 2012
- Spain's ECB bank borrowing falls again in May
- Spain's public debt soars to 88.2 pct of GDP in Q1
- Rajoy calls on ECB to create bank lending scheme for SMEs
- Paramount Murcia Investor files for Bankruptcy
- Questions asked over Castellon Airport Firetrucks