May 28 (Reuters) – The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
Banks offered to lend Telefonica 9 billion euros ($9.91 billion) for the planned O2-Virgin merger, the Spanish newspaper Expansion reported. The amount offered by 32 lenders is twice as much as the 4.5 billion euros requested by the company.
INTERNATIONAL CONSOLIDATED AIRLINES GROUP
IAG chief said ministers have ‘set back recovery’, Sky News reported.
The company proposes a complementary and extraordinary dividend to be paid on July 9.
The company reported its first quarter net loss widened to 97.1 million euros from 8.6 million euros a year ago. It said it expected to gradually return to its prior revenue run rate in mid 2021, while achieving about 75% of that by year-end.
The company reported a first quarter net loss of 26.1 million euros from a loss of 40.6 million euros a year ago and withdrew its 2020 outlook due to COVID-19 impact.
MIQUEL Y COSTAS & MIQUEL
The company proposed complementary dividend of 3.8 million euros from 2019 results to be distributed on July 13.
The company said that it was working on the development of a portable COVID-19 diagnostic device, which will allow the detection of the virus in less than 15 minutes.
The company said it would pay a gross dividend of 0.064 euros per share on June 10.
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