Italy - Factors to watch on June 27
27/06/2025 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. DATA ISTAT releases June consumer and business confidence data (0800 GMT); April industry sales data (0900 GMT); May producer prices data (1000 GMT). DEBT Treasury sells 1.25-1.5 billion euros 2.70% BTP bonds due Oct. 1, 2030; 1.25-1.5 billion euros 2.95% BTP bonds due July 1, 2030; 3-3.5 billion euros 3.60% BTP bonds due Oct. 1, 2035; 1.5-2 billion euros CCTeu bonds due April 15, 2034. Subscriptions close at 0900 GMT. COMPANIES MEDIOBANCA MDBI.MI, BANCA MONTE DEI PASCHI DI SIENA (MPS) BMPS.MI (*) Mediobanca said on Friday it would offer shareholders rewards worth 4.9 billion euros ($5.73 billion), mostly in cash, over three years to 2028 as it seeks to fend off a hostile bid from smaller rival MPS. Conference call to present 2025-2028 business plan update "One brand - one culture" (0700 GMT). (*) The European Commission is expected "in the coming hours" to give antitrust clearance to MPS's bid for Mediobanca, la Repubblica wrote on Friday. (*) MPS board approved on Thursday the share capital increase reserved to its offer for Mediobanca. (*) GENERALI GASI.MI The Central Bank of India will be the new partner of the Italian top insurer in the joint-venture through which it operates in India, MF reported on Friday. (*) POSTE ITALIANE PST.MI The state-controlled financial conglomerate is considering reorganising the group to spin off its subsidiary Poste Mobile and integrate it with the activities of Telecom Italia TLIT.MI, in which Poste Italiane recently acquired a 25% stake, Il Sole 24 Ore reported on Friday. All banking and financial assets would be brought under the control of BancoPosta, it added. CAMPARI CPRI.MI The Italian spirits group has agreed to sell its historic Cinzano vermouth and its Frattina grappa brands to domestic rival Caffo Group 1915 for 100 million euros ($117 million), it said on Thursday. BPER EMII.MI, BANCA POP SONDRIO BPSI.MI Italian insurer Unipol UNPI.MI, the main shareholder in Banca Popolare di Sondrio, said on Thursday it had agreed to BPER's bid for the smaller rival. (*) ALERION CLEAN POWER ARN.MI The Italian energy group has hired Rothschild to select a partner for its 400-megawatt wind portfolio in a deal that could be valued at up to 800 million euros, MF reported on Friday. Infrastructure funds such as BlackRock, Antin, and Copenhagen Infrastructure Partners, as well as insurance funds including Predica and Meridiam, could be interested in the deal, the newspaper added. ILLIMITY ILTY.MI, BANCA IFIS IF.MI As of Thursday, 52.3% of the digital bank's share capital had adhered to the offer launched by rival specialty lender Banca Ifis for its entire capital, up from 32.1% the previous day, according to a statement released by the Italian market watchdog. (*) Illimity CEO Corrado Passera said on Friday he would tender its 3.97% stake to Banca Ifis' offer. The full voluntary takeover bid for Illimity shares ends on Friday. DIARY Prime Minister Giorgia Meloni attends European Council meeting in Brussels. Economy Minister Giancarlo Giorgetti attends "IMF and WB Constituency Meeting" in U.S. Assogestioni releases May 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/