---
title: "Spanish stocks - Factors to watch on April 7"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281836642.md"
description: "On April 7, Spanish stocks may be influenced by various reports: PUIG is in talks with Estee Lauder for a potential €35 billion merger; IBERDROLA's Scottishpower Energy Networks launched a €13.7 billion modernization program; INDRA secured a radar contract with the Royal Thai Navy; INSUR expects a net profit of up to €195 million for 2026-2030; BlackRock increased stakes in Sabadell, Telefonica, Aena, and Cellnex; and Spain's competition watchdog dismissed Vodafone's complaint against Telefonica regarding exclusivity with Disney+."
datetime: "2026-04-07T06:01:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281836642.md)
  - [en](https://longbridge.com/en/news/281836642.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281836642.md)
---

# Spanish stocks - Factors to watch on April 7

April 7 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

PUIG

Puig and Estee Lauder are holding talks in New York this week over a potential 35 billion euro merger via a takeover of Puig by Estee Lauder ( EL ), with governance, share exchange and voting rights the key hurdles, Spanish newspaper Expansion reported on Tuesday, citing market sources.

IBERDROLA

Iberdrola said on Monday its subsidiary Scottishpower Energy Networks launched a programme of over 13.7 billion euros to modernise Scotland's electricity network.

INDRA

Indra said on Monday it secured its first radar contract with the Royal Thai Navy.

INSUR

Insur said on Monday it expects 2026-2030 net profit of up to 195 million euros, as it presented its new strategic plan.

SABADELL, TELEFONICA, AENA, CELLNEX

BlackRock has raised its stakes in Sabadell, Telefonica, Aena and Cellnex, reinforcing its bullish bet on Spanish equities amid Middle East tensions and dividend catalysts, and cementing its position as Sabadell's largest shareholder, Spanish newspaper Expansion reported on Tuesday.

TELEFONICA

Spain's competition watchdog has dismissed Vodafone Spain's complaint alleging an "implicit exclusivity" deal between Telefonica's Movistar+ and the streaming service Disney+, saying there was no evidence of anti-competitive conduct, Spanish business daily elEconomista reported on Tuesday.

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- [IBDRY.US](https://longbridge.com/en/quote/IBDRY.US.md)
- [EL.US](https://longbridge.com/en/quote/EL.US.md)
- [VIV.US](https://longbridge.com/en/quote/VIV.US.md)

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