UPDATE 1-NORDIC STOCKS - Factors to watch on Oct 3

(Adds Nordea, updates Nokia)

HELSINKI, Oct 3 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Wednesday:


Sweden could soon sell a further part of its holding in the Nordic region's biggest bank, daily Svenska Dagbladet wrote on Wednesday.

"I believe definitely the sale process is happening," the paper quoted one unnamed analyst saying.

Analysts said the time could be right for a sale of the shares, worth around 36 billion Swedish crowns ($5.45 billion).

The government, which owns 13.5 percent of Nordea's shares, has been clear it wants to sell its stake and has a mandate from the parliament. It already sold 6.3 percent of Nordea shares in February 2011.

For more on the company, double click on NOKIA

The struggling phone maker is seeking to sell its headquarters in Espoo, Finland as part of its drive to sell non-core assets. Iltasanomat newspaper said the building would be valued at 200-300 million euros ($259-$388 million).

For more on the company, click on SEADRILL

The Oslo-listed oil driller said it plans to replace Chief Executive Alf Thorkildsen with Fredrik Halvorsen, the head of its Archer affiliate, and is looking to relocate management outside Norway.

Seadrill said managing the company from the Norwegian city of Stavanger may constrain its aggressive growth plans, and that it was considering several locations including London, Dubai, Singapore and Houston.

For more on the company, double click on

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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms) ($1 = 0.7731 euros)

((Reporting by Helsinki Newsroom)(news@reuters.fi)(+358 9 6805 0244))