Banco Santander, Grifols Shares Are Active in Madrid Trading

Spain’s IBEX 35 Index fell for a third day, losing 1 percent to 10,486.80 in Madrid. The Madrid Stock Exchange General Index also retreated 1 percent to 1,081.58.

The following were among the most active stocks in the Spanish market. Symbols are in parentheses after company names.

Banco Santander SA (SAN SM) fell for a sixth time in the last seven trading days, losing 0.8 percent to 9.254 euros. Spain’s biggest bank is no longer in talks to merge its U.S. unit Sovereign Bank with M&T Bank Corp., Expansion reported, citing Santander’s Chief Executive Officer Alfredo Saenz.

Grifols SA (GRF SM) sank 2 percent to 10.71 euros, erasing yesterday’s 0.8 percent gain. Europe’s largest maker of blood- plasma products cut the interest rate it will pay on $1.6 billion of term loans to fund its purchase of Talecris Biotherapeutics Holdings Corp., according to a person familiar with the transaction.

To contact the reporters on this story: Manuel Baigorri in Madrid at mbaigorri@bloomberg.net

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.