Italy - Factors to watch on Sept. 5
05/09/2025 05:00
The following factors could affect Italian markets on Friday. 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. POLITICS Italy is seeking guarantees on fuel supply security from the Azeri government if the founding family of Italiana Petroli agrees a sale to Azerbaijan's state energy company SOCAR, two sources said on Thursday. ECONOMY ISTAT releases July retail sales data (0800 GMT). Bank of Italy releases August data on Target 2 liabilities and European Central Bank funding to Italian banks. DEBT Treasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on Sept. 10. COMPANIES FASHION Designer Giorgio Armani, who helped to put Italy at the forefront of global fashion and dressed Hollywood stars, died at the age of 91, the company that he founded and led for five decades said on Thursday. MEDIOBANCA MDBI.MI, BANCA MONTE DEI PASCHI (MPS) BMPS.MI MPS has secured 40.43% of Mediobanca's share capital, bourse data showed on Thursday. MEDIOBANCA, BANCA GENERALI BGN.MI Fitch said on Thursday it had revised Mediobanca's Rating Watch to 'Negative' from 'Evolving' following the rejection of the takeover bid for Banca Generali by Mediobanca's shareholders. UNICREDIT CRDI.MI UniCredit respects German opposition to a full takeover of Commerzbank CBKG.DE, but shareholders would have the last word on any potential deal, the Italian bank's chief executive Andrea Orcel said on Thursday. MFE-MEDIAFOREUROPE MFEB.MI The TV group controlled by Italy's Berlusconi family said on Thursday it secured more than 75% of German peer ProSiebenSat.1 PSMGn.DE following a takeover that sets it up to become Europe's largest free-to-air broadcaster. POSTE ITALIANE PST.MI, TIM TLIT.MI The state-backed postal services group said on Thursday the Italian antitrust authority has granted unconditional green light for Poste Italiane PST.MI to acquire an additional 15% in Telecom Italia, bringing the total holding in the former phone monopoly to 24.8%. (*) SAIPEM SPM.MI The merger between the Italian oilfield services company and the Luxembourg-based subsea engineering firm Subsea 7 SUBC.OL can be only finalised if the new merged entity is listed in Oslo and antitrust requirements do not exceed a value of 500 million euros ($585.35 million), daily MF reported on Friday. ERMENEGILDO ZEGNA NV ZGN.N Releases H1 results (1030 GMT), followed by conference call (1200 GMT). DIARY Cernobbio, The European House Ambrosetti starts business conference "Today's and tomorrow's scenario for competitive strategies"; ends on Sept. 7. ((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 = 0.8542 euros)