Italy - Factors to watch on September 28

Eni SpA

28/09/2026 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 (*).


ECONOMY
Istat releases figures on non-EU foreign trade for August (0800 GMT)
        
COMPANIES  
UNICREDIT CRDI.MI, BANCO BPM BAMI.MI
A spokesperson for UniCredit confirmed on Friday what a source had told Reuters on Thursday about the bank being an observer in the domestic consolidation process though potentially interested in branches or other assets being sold by rivals as they merge.
The spokesperson denied a specific interest for Banco BPM.

MONTE DEI PASCHI (MPS) BMPS.MI, BANCO BPM BAMI.MI, INTESA SANPAOLO ISP.MI
The Tuscan bank is in constant contact with the European Central Bank over its M&A strategy and does not expect any particular regulatory hurdles, Monte dei Paschi Chairman Cesare Bisoni told daily Il Corriere della Sera in an interview published on Saturday.
He added he expected shareholders to approve on October 29 MPS's defence strategy against a takeover bid by Intesa Sanpaolo, leaving shareholders free to choose at a later stage between MPS's strategy and Intesa Sanpaolo's offer.

STELLANTIS STLAM.MI 
The US Transportation Department on Monday will finalise sharply lower vehicle fuel economy standards through 2031, reversing a push by the Biden administration ​to force automakers to build more electric vehicles, officials said on Saturday.
(*) Momenta 6880.HK, a Chinese maker of autonomous-driving software, has agreed to work with a Stellantis joint venture to develop advanced driver-assistance technology, it said on Monday, adding Jeep and Peugeot to its growing roster of global brands.
        
POSTE ITALIANE PST.MI, TELECOM ITALIA TLIT.MI 
Poste secured 85.82% of Telecom Italia at the end of the reopening of its takeover bid on Friday, according to Reuters calculations from bourse data, falling short of the 90% ownership threshold that would have allowed Poste to delist Telecom,   

ENI ENI.MI  
The state-controlled energy group on Friday said it would cap diesel and petrol pump prices for at least one month, supporting Prime Minister Giorgia Meloni's efforts to curb energy costs.
The initiative will cost the group €100 million over the 30-day period, daily Corriere della Sera estimated on Sunday, based on calculations using data from the company's latest half-year results.
In a similar move, Azerbaijan's SOCAR said on Sunday it would introduce caps on fuel prices across the Italian network of its subsidiary Italiana Petroli (IP) and that it was also studying ways to extend the mechanism to Esso-branded stations supplied by IP and to other operators purchasing fuel from the company.

LEONARDO LDOF.MI 
The quality flaw affecting Airbus' A321neo jets, identified by the European planemaker as defective anti-corrosion coating on fuselage stringers, was traced to primer applied by TESI, an Italian subcontractor to Leonardo, industry sources said on Friday.

WEBUILD WBD.MI, TREVI TFI.MI, ICOP ICOP.MI 
The acceptance period for Webuild's bid for Trevi starts and will run to November 20.
Icop on Friday raised its rival all-share takeover bid for the Italian engineering group from 0.133 to 0.165 shares for each Trevi share tendered, valuing each share €5.165.

(*) MAIRE MTCM.MI
The engineering group said on Monday that its US unit Tecnimont USA had signed a front-end engineering design (FEED) contract with Argent LNG LLC to develop Argent LNG's export facility in Port Fourchon, Louisiana. The facility, located in a US energy hub designed to withstand hurricanes, will have a total capacity of 25 million tons per annum (mtpa), the statement added.
Citigroup on Monday initiated coverage of the stock with a 'buy' rating and a target price of €18 per share.

AEFFE AEF.MI
(*) The struggling Italian fashion group said on Sunday its board decided to postpone the approval of the group's full-year 2025 and half-year 2026 financial statements, without, however giving new dates. The board considered such decision to be necessary in light of the ongoing restructuring process as potential investors have yet to clearly define the perimeter of the assets they will buy, it added.   

(*) OVS OVS.MI
The retailer is considering investing in a brand of handbags and accessories, la Repubblica's supplement Affari&Finanza reported on Monday.

ARMANI, M&A
The luxury group is open to involving multiple investors in the sale of a 15% stake earmarked in founder Giorgio Armani's will, CEO Giuseppe Marsocci said on Sunday.
Armani is scheduled to hold meetings with LVMH LVMH.PA, beauty giant L'Oreal OREP.PA and eyewear group EssilorLuxottica ESLX.PA over a possible sale of a minority stake in the coming weeks, the Financial Times reported on Sunday.
     
DUCATI, M&A
Industry Minister Adolfo Urso said after meeting representatives of Volkswagen VOWG.DE on Friday that the German group has no plans at the moment to sell its Italian motorbike business Ducati.


DIARY 
Milan, Fashion Week continues, ends on Tuesday. 

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
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/