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Spanish stocks - Factors to watch on Wednesday

Source: Reuters - Wed 30th Sep 2009

The following Spanish stocks maybe affected by newspaper reports and other factors on Wednesday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:


Spanish banks Sabadell and Popular would be interested in acquiring assets from savings banks following a round of sector restructuring, Expansion reported, citing Sabadell CEO Jaime Guardiola and Popular CFO Jacobo Gonzalez-Robatto during a conference in London.


El Economista reported Italian Prime Minister Silvio Berlusconi is interested in participating in Telecom Italia via his company Mediaset, but would do so without upsetting Telefonica, the newspaper reported citing sources "related to" Telecom Italia.


Spain's second-largest bank BBVA on Tuesday said it was replacing its widely-respected chief executive but confirmed that its powerful chairman Francisco Gonzalez was staying in place.

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