Italy - Factors to watch on July 21

Banca Popolare Di Sondrio SpA

21/07/2025 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.

POLITICS

U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident the United States can secure a trade deal with the European Union, but added that August 1 represents a hard deadline when tariffs take effect.

DEBT

Treasury announces sale of BTP Short and BTPei bonds, with relative amounts to be auctioned on July 24.

COMPANIES

(*) STELLANTIS STLAM.MI

The automaker said on Monday consolidated shipments in the second quarter fell by 6% year-on-year to 1.4 million units, and posted a first-half net loss of 2.3 billion euros. Net revenues in the first half were down to 74.3 billion euros from 85 billion euros in the same period of 2024.

(*) MEDIOBANCA MDBI.MI, BANCA MONTE DEI PASCHI (MPS) BMPS.MI

Italian Prime Minister Giorgia Meloni had urged pension funds Enasarco, Enpam and Cassa Forense to support MPS' takeover bid on Mediobanca, Italian daily Il Fatto Quotidiano reported on Monday. The three pension funds collectively hold a 5.5% stake in Mediobanca.

IVECO IVG.MI

Italy's Agnelli family is in talks over the possible sale of the truck maker, three sources told Reuters on Friday, with two mentioning India's Tata Motors as a potential buyer. Shares in Iveco jumped as much as 9.7% on the Milan bourse following the report, and the stock closed up 8.3%.

(*) For John Elkann, chief executive of Agnelli family holding company Exor, the correct price to sell Iveco Defense Vehicle to Leonardo LDOF.MI is 1.7 billion euros ($1.98 billion), Italian daily Il Fatto Quotidiano reported on Monday citing senior sources.

BPER BANCA EMII.MI - BANCA POPOLARE DI SONDRIO BPSI.MI

BPER Banca full voluntary takeover bid for Banca Popolare di Sondrio reopens; ends on July 25.

TELECOM ITALIA (TIM) TLIT.MI

Piergiorgio Peluso, chief financial officer of motorway operator Autostrade per l'Italia, is set to take over the top finance job at TIM, two sources told Reuters on Friday.

(*) NEWPRINCES NWLF.MI

The Italian food group is aiming for further M&A deals, following the binding agreement to acquire Plasmon, in order to reach 5 billion euros ($5.82 billion) in revenue by 2030 through external growth, with a net profit of 100 million, the group's Executive Chairman Angelo Mastrolia said on Monday in an interview with L'Economia supplement of Corriere della Sera.

(*) TINEXTA TNXT.MI

The company's main shareholder Tecno Holding has confirmed in a statement talks with a consortium composed by Advent and Nextalia funds over the sale and the potential delisting of the company.

DIARY

Rome, Chamber of Deputies meets to discuss tax decree (1200 GMT).

Rome, farmers lobby Coldiretti holds annual meeting with President Ettore Prandini, EU Commission Executive Vice President Raffaele Fitto, Agriculture Minister Francesco Lollobrigida (0800 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 = 0.8596 euros)