Acciona, Criteria, Gamesa, OHL, Solaria: Spanish Equity Preview

The following companies may have unusual price changes in Spanish trading. Stock symbols are in parentheses and share prices are from the previous close.

Spain’s IBEX 35 Index (IBEX) fell 1.3 percent to 9,812.7.

Acciona SA (ANA) : Unibail-Rodamco SE, Europe’s largest publicly traded property company, plans to invest 500 million euros ($709 million) in two commercial centers in Spain, Expansion reported. Among them Unibail-Rodamco may be looking at Acciona’s Splau mall, located in the Barcelona region and valued at 200 million euros, according to the report. The shares slid 2.4 percent to 68.26 euros.

Criteria CaixaCorp SA (CRI) : Mexican billionaire Carlos Slim bought an additional 500,000 indirect shares in Criteria, the listed holding company of Spain’s La Caixa banking group, a regulatory filing showed. The shares dropped 3.3 percent to 4.66 euros.

Gamesa Corp. Tecnologica SA (GAM SM): Europe’s second- largest wind turbine maker will set up an offshore technology center in Glasgow, the company said. Gamesa forecasts the center to begin operating this fall and its investment in Scotland to reach about 50 million euros and create 300 direct jobs. The shares fell 0.3 percent to 5.26 euros.

Obrascon Huarte Lain SA (OHL) : The Spanish construction company may bid for Brazilian airports as part of its plans to boost its concessions business, Cinco Dias reported, citing unidentified people with familiar with the matter. The shares sank 3.7 percent to 23.73 euros.

Solaria Energia & Medio Ambiente SA (SLR SM): The Spanish solar-equipment maker bought back 41,112 of its shares at 1.84 euros to 1.85 euros apiece from June 23 to June 24. The shares advanced 0.5 percent to 1.85 euros.

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

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

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