Italy - Factors to watch on April 28

DiaSorin SpA

28/04/2025 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. President Donald Trump and Ukrainian leader Volodymyr Zelenskiy, in Rome for the funeral of Pope Francis, met one-on-one in a marble-lined Vatican basilica on Saturday to try to revive faltering efforts to end Russia's war with Ukraine.

Zelenskiy said the meeting could prove historic if it delivers the kind of peace he is hoping for, and a White House spokesperson called it "very productive."

(*) Giorgia Meloni expects Russia to show concrete signs of its willingness to pursue peace in Ukraine, the prime minister said in a statement after meeting Ukraine's Volodymyr Zelenskiy in Rome on Saturday.

DEBT

Treasury sells 2 billion euros in 12-month BOT bills due Sept. 12, 2025 and 2 billion euros in 6-month BOT bills due Sept. 30, 2025. Subscriptions close at 0900 GMT.

COMPANIES

Bourse After Hours market closed.

(*) MEDIOBANCA MDBI.MI, BANCA GENERALI BGN.MI

Italian bank Mediobanca on Monday announced a 6.3 billion euro ($7.15 billion) offer to acquire Banca Generali, a private bank controlled by the Assicurazioni Generali, using as payment shares it owns the insurer.

Mediobanca will hold a conference call with analysts at 0630 GMT, followed by a press conference at 0930 GMT.

GENERALI GASI.MI

Board meeting to discuss appointments of corporate bodies.

UNICREDIT CRDI.MI, BANCO BPM BAMI.MI

Tender offer to acquire full control of Banco BPM starts; ends on June 23.

UniCredit CEO Andrea Orcel expects feedback from the government, either formally or informally, within 10-15 days, on the bank's objections to the prescriptions Rome imposed on the BPM bid, la Repubblica reported on Saturday. It also quoted government sources as saying a meeting between the lender and Rome was possible in the near future, following recent informal contacts.

BANKS

Finance Minister Giancarlo Giorgetti on Friday defended the government's right to vet and impose conditions on banking deals using its so-called "golden powers", saying the matter was not for European institutions to adjudicate.

(*) SAIPEM SPMI.MI

The energy contractor said on Monday it had been awarded a contract by Eni ENI.MI in the U.K. for the Liverpool Bay CCS project, worth approximately 520 million euros over the three years expected to complete the project.

IVECO IVG.MI

U.S. buyout firms Bain Capital and KPS Capital Partners are interested in the defence unit of the Italian truck-maker, Bloomberg News reported on Friday. The two U.S. buyout firms have been considering bids for the business that makes armoured and tactical vehicles.

PIRELLI PIRC.MI

The board of the Milan-based company is expected to approve on Monday an accord that will establish that the group's largest shareholder, China's state-owned Sinochem 600500.SS, does not exercise control over the tyre maker, il Messaggero daily reported on Saturday.

The group releases FY results.

(*) JUVENTUS JUVE.MI

     The club's manager Igor Tudor underlined the importance of grit and resilience after a crucial home win over Monza on Sunday, insisting that competitiveness matters more than tactics as the race for a top-four finish tightens.

DIASORIN DIAS.MI

Annual general meeting (1300 GMT).

DIARY

Assogestioni releases March fund flows data (0900 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/