Italy - Factors to watch on Feb. 22

Aedes Ligure per Imprese e Costruzioni SpA

22/02/2021 05:00

The following factors could affect Italian markets on Monday.
    Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).
    
    For a complete list of diary events in Italy please click on
 IT/DIA .
    
    GENERAL
    Italy reported 232 coronavirus-related deaths on Sunday
against 251 the day before, the Health Ministry said, while the
daily tally of new infections fell to 13,452 from 14,931.
 urn:newsml:reuters.com:*:nL1N2KR0BJ
    
    POLITICS
    The new government led by Mario Draghi will discuss measures
to curb COVID-19 epidemic at a meeting on Monday, the Italian PM
office said over the weekend.
      
    DEBT
    Treasury announces sale of BTP and CCTeu bonds, with
relative amounts to be auctioned on Feb. 25.
    
    ECONOMY
    Italy's business lobby Confindustria said on Saturday it
does not expect a significant economic rebound before the third
quarter due to the slower-than-expected pace of coronavirus
vaccinations and the impact of lockdown restrictions.
 urn:newsml:reuters.com:*:nL1N2KQ0C1
    
    COMPANIES
    ASTM  ATMI.MI  
    The top investor said it plans to launch a 1.7 billion euro
($2.1 billion) takeover of the Italian motorway group to take it
private, implement a broad overhaul and strengthen the company.
 urn:newsml:reuters.com:*:nL8N2KR07P
    
    TELECOM ITALIA (TIM)  TLIT.MI 
    Representatives from both the 5-Star Movement and the
right-wing League party said over the weekend Italian State
lender Cassa Depositi e Prestiti should put forward its own
slate of candidates instead of backing nominees promoted by
TIM's outgoing board at the group annual general meeting on
March 31.
    CDP will hold a board meeting on Monday which is expected to
clarify whether it would support a slate put forward by TIM?s
outgoing board, sources have said.    
    
    INTESA SANPAOLO  ISP.MI , BPER BANCA  EMII.MI 
    BPER signed on Friday the final contracts for the purchase
of 486 branches and 134 operational units from Intesa Sanpaolo,
the Modena-based lender said, adding the distribution of the
branches and operational units showed a high concentration in
northern Italy, particularly in Lombardy.  urn:newsml:reuters.com:*:nBIA6lKRWK
    
    INTESA SANPAOLO  ISP.MI 
    Italy's biggest bank is eyeing Far-East markets, including
China and India, to boost its presence abroad, the head of
group's Corporate & Investment Banking unit, Mauro Micillo, told
MilanoFinanza on Saturday, adding that Africa could also become
an interesting market. 
    
    CREDITO VALTELLINESE  PCVI.MI 
    The Italian arm of France's Credit Agricole   CAGR.PA  said
on Friday it secured a deal to buy 1.3% of the Italian bank
capital at 10.5 euro per share, the same price it offered for
Creval's takeover unveiled in November.  urn:newsml:reuters.com:*:nBIA8cc4SP
    
    ATLANTIA  ATL.MI 
    A consortium led by Italian state lender CDP is ready to
submit a binding offer for the 88% stake which Atlantia holds in
 motorway unit Autostrade, paying a price at the top end of a
8.5-9.5 billion euro range, Il Messaggero wrote on Saturday. The
consortium would pay 6.2-7.1 million cash, while the remaining 
payment would be completed in 3-4 years, the Italian daily
added. 
    
    ENI  ENI.MI 
    Italy's Eni on Friday became the latest energy group to
increase its climate ambition with a promise to be carbon
neutral by 2050, as it seeks to keep pace in an industry under
mounting investor pressure to curb emissions.  urn:newsml:reuters.com:*:nL8N2KP1KM
    
    LEONARDO  LDOF.MI 
    Shares in the aerospace and defence group rose 10% on Friday
on the back of a media report saying it would raise about 2.1
billion euros from the New York Stock Exchange listing of its
U.S. unit DRS. At the request of Italy's market watchdog Consob,
the group issued a statement late on Friday saying it was
evaluating the possibility of listing DRS. It added no formal
decision on the matter had been taken yet.  urn:newsml:reuters.com:*:nL8N2KP16O
    The aerospace and defence group is set to appoint Lucio
Valerio Cioffi as interim chief technology & information officer
(CTIO) replacing Roberto Cingolani, who was named as minister
for green transition in Draghi government, Il Sole 24 Ore wrote
on Saturday.
    
    SARAS  SRS.MI 
    On Feb. 16 the group's CEO sold 1.67 million shares at a
price of 0.7175 euros apiece, a market watchdog filing showed on
Friday.  urn:newsml:reuters.com:*:nBIA8rv9bz
    
    RECORDATI  RECI.MI 
    Board meeting on preliminary FY results.
    
    AEDES  AED.MI 
    Starts capital increase; ends on March 11.
    
    BANCA CARIGE  CRGI.MI 
    Ordinary shareholders' meeting on board appointments (0930
GMT).
    
    SIT  SITT.MI 
    SIT Technologies SpA starts voluntary total takeover bid on
4,269,319 warrants of SIT (0730 GMT); ends on March 12.
    
    DIARY
    Rome, cabinet meeting on measures to curb COVID-19
epidemic(0830 GMT)
    Employers' association fashion unit, Confindustria Moda,
President Cirillo Marcolin holds online news conference to
present 2020 results and 2021 perspectives (1030 GMT).
    Rome, Bank of Italy meets the press on "Review of the
Eurosystem's monetary policy strategy" with Bank of Italy
Governor Ignazio Visco (1000 GMT).     
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.com))
    
    For Italian market data and news, click on codes in 
brackets:

    20 biggest gainers (in percentage)............ .PG.MI 
    20 biggest losers (in percentage)............. .PL.MI 
    FTSE IT allshare index  .FTITLMS 
    FTSE Mib index........  .FTMIB 
    FTSE Allstars index...  .FTSTAR 
    FTSE Mid Cap index....  .FTITMC 
    Block trades..........  .BLK.MI 
    Stories on Italy......  IT-LEN 
    
    For pan-European market data and news, click on codes in 
 brackets:
  European Equities speed guide................... EUR/EQUITY 
  FTSEurofirst 300 index.............................. .FTEU3 
  DJ STOXX index...................................... .STOXX 
  Top 10 STOXX sectors........................... .PGL.STOXXS 
  Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
  Top 10 Eurofirst 300 sectors................... .PGL.FTEU3S 
  Top 25 European pct gainers....................... .PG.PEUR 
  Top 25 European pct losers........................ .PL.PEUR 
 
  Main stock markets:
  Dow Jones............... .DJI   Wall Street report ..... .N 
  Nikkei 225............. .N225   Tokyo report............ .T 
  FTSE 100............... .FTSE   London report........... .L 
  Xetra DAX............. .GDAXI   Frankfurt market stories .F 
  CAC-40................. .FCHI   Paris market stories... .PA 
  World Indices..................................... 0#.INDEX 
  Reuters survey of world bourse outlook......... EQUITYPOLL1 
  Western European IPO diary.......................... WEUIPO 
  European Asset Allocation........................ EUR/ASSET 
  Reuters News at a Glance: Equities............... TOP/EQE 
  Main currency report:............................... FRX/