Italy - Factors to watch on November 18

Avio SpA

18/11/2025 07:06

The following factors could affect Italian markets on Tuesday.

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.

ECONOMY

(*) Italy's longest-running TV quiz show, offering big cash prizes, is called "The Inheritance" - a choice of title that may reflect how many Italians see a legacy as the ideal route to money, and explain why Rome taxes such gifts so lightly.

Yet raising Italy's inheritance tax levels closer to those of most of its peers could help ease the economic and social problems of the European Union's third-largest - but most chronically sluggish - economy, analysts say.

DEBT

Italy's Treasury said it planned to buy back four BTP bonds and one floating-rate CCTeu certificate, all maturing next year, in a reverse action on Wednesday using cash reserves held at the bank of Italy.

COMPANIES

BANCA MONTE DEI PASCHI DI SIENA BMPS.MI, BANCO BPM BAMI.MI

The Italian government will hold onto its remaining 4.9% stake in the bailed-out bank, while it incorporates its recently-acquired rival Mediobanca MDBI.MI, two sources close to the matter told Reuters.

But Giorgia Meloni's government is counting on a future merger deal to eventually cut the shareholding, the sources said.

STELLANTIS STLAM.MI

John Elkann, chairman of the Franco-Italian carmaker urged the European Commission on Monday to give carmakers more flexibility on emissions targets, saying interim goals fixed for 2030 should be averaged over several years.

(*) AVIO AVI.MI

The rocket maker said on Monday it had raised a total of 395 million euros ($458.04 million) in its capital hike, which ended on Monday with 98.83% of all new shares being subscribed.

(*) IVECO IVG.MI

The European Commission approved on Monday the sale of the truck maker to India's Tata Motors TAMO.NS, saying the deal did not raise competition concerns.

FERVI FVIR.MI

Seconda Srl ends full voluntary takeover offer on Fervi shares (started on October 29).

(*) M&A - GOLDEN GOOSE

Talks with China's HongShan for the sale of the luxury sneaker maker are not exclusive yet and the private equity firm is expected to sign a binding offer by December 3, la Repubblica reported on Tuesday. The 2.5 billion euro valuation could be improved and the deal could be closed by Christmas, the report said, adding that Golden Goose's owners Permira and Carlyle also received interest for a minority share in the group, including from China's Blue Pool.

DIARY

Rome, Eni ENI.MI CEO Claudio Descalzi addresses Intelligence Parliamentary Committee (COPASIR) (1300 GMT).

Rome, Industry Minister Adolfo Urso convenes main business associations for a discussion on Transition 5.0; expected attendees include European Affairs and National Recovery and Resilience Plan (NRRP) Minister Tommaso Foti (0930 GMT).

Rome, state lender Cassa Depositi e Prestiti (CDP) holds 175th anniversary celebration event (1030 GMT); Chairman Giovanni Gorno Tempini delivers opening address and CEO Dario Scannapieco delivers closing address.

Rome, Messina bridge company 'Stretto di Messina' CEO Pietro Ciucci delivers opening address at seminar "Bridge over the strait: technical-scientific discussion on geological aspects and project safety" (1330 GMT).

Padua, center-right parties hold closing event of the electoral campaign with Infrastructure and Transport Minister Matteo Salvini, Prime Minister Giorgia Meloni, Veneto region Governor Luca Zaia, Foreign Minister Antonio Tajani (1700 GMT).

Predaia, Prime Minister Giorgia Meloni attends inauguration ceremony of the 'Apple Cable Car' by the Melinda Consortium (1230 GMT).

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.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/

($1 = 0.8624 euros)