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Europe Top News and Analysis Spain

  • Here some of Wednesday's big movers on European stock markets: Michaniki, Hammerson, Iberia, Technical Olympic, Intercell and Carrefour.

  • Spain's Inditex on Wednesday said fiscal 2006 net profit rose 25% as it continued its rapid international expansion while reining in costs.

  • Britain's Imperial Tobacco will continue to push for a deal to acquire Franco-Spanish tobacco company Altadis, which rejected an offer of 45 euros ($59) a share.

  • Britain's Imperial Tobacco on Thursday confirmed it had made a bid approach to Altadis at 45 euros a share in cash valuing the Spanish firm at 11.5 billion euros ($15.2 billion).

  • Power supplier Enel said Monday it has signed a share swap deal with merchant bank Mediobanca to buy a further 2.98% of sought-after Spanish electricity company Endesa.

  • Spanish telecoms group Telefonica has formally launched the sales process for its stake in Dutch TV firm Endemol by hiring Lehman Brothers as adviser, both firms said on Friday.

  • Here some of Thursday’s big movers on European stock markets: Bwin Interactive Entertainment, Sidenor, William Demant, Sacyr Vallehermoso, Pernod Ricard, Carrefour and TUI.

  • Here some of Wednesday's big movers on European stock markets: Telekom Austria, Scania, Resolution, MAN, Iberia, Endesa, Vallourec, Lloyds TSB, RBS and ITV.

  • German utility E.On, which is trying to acquire Spain's Endesa in a 41 billion euro ($53.71 billion) deal, on Wednesday reported a 32% drop in net profit in 2006 from the year before, when the bottom line was bolstered by special items.

  • Enel shares outperformed a falling European stock market on Monday on a report Germany's E.ON could buy shares in its Italian rival as a bargaining tool in their battle over Spanish power firm Endesa.

  • Italy's former power monopoly Enel announced Thursday that it has boosted its nearly 10% stake in Spain's Endesa by another 7%, through a share swap deal with UBS.

  • BBVA, Spain's second-largest bank, agreed to buy Compass Bancshares for $9.6 billion Friday, furthering the company's long-held ambition to grow in Spanish-speaking U.S. markets.