Italy - Factors to watch on Sept. 4
04/09/2025 05:00
The following factors could affect Italian markets on Thursday. 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. ECONOMY Italy's Economy Minister Giancarlo Giorgetti met leaders of his co-ruling League party on Wednesday to discuss ways to garner money from banks to help fund expansionary measures in the government's 2026 budget, a League statement said. OECD releases July and August composite leading indicator data (1000). DEBT Foreign investors bought 77.5% of a new Italian seven-year BTP bond sold via syndication and 75.5% of a similar 30-year note, the Treasury said on Wednesday, in a sign of strong appetite for Italian paper from overseas investors. On Tuesday, Rome issued a total of 18 billion euros through the two BTP issuances. COMPANIES MEDIOBANCA MDBI.MI-BANCA MONTE DEI PASCHI BMPS.MI The Italian state-backed bank has secured 38.5% of Mediobanca's share capital, bourse data showed on Wednesday, exceeding the 35% minimum ownership threshold targeted under its hostile bid. Mediobanca's board meets to assess the MPS' offer. ENI ENI.MI Azule Energy, a joint venture between the Italian oil and gas explorer and BP BP.L, expects to invest another $5 billion in Angola over the next four to five years, Chief Operating Officer Guido Brusco told Reuters on Wednesday. MFE-MEDIAFOREUROPE MFEB.MI German market regulator BaFin releases results of the Italian broadcaster's takeover offer for Germany's Prosiebensat.1. Sources close to the matter told Reuters on Wednesday that MFE had secured a stake of above 70% in Prosieben. LOTTOMATICA LTMC.MI, PIRELLI PIRC.MI The Italian betting company will join the blue-chip stock index FTSE MIB on September 22, replacing tyre maker Pirelli, FTSE Russell said on Wednesday. (*) BANCA SISTEMA BSTA.MI Banca CF+, an Italian bank controlled by U.S. hedge fund Elliott Management, said on Thursday it had received Italy's 'golden power' clearance for its takeover bid for Banca Sistema. DIARY Rome, Cabinet meeting expected (afternoon). Vatican City, Israel President Isaac Herzog meets Pope Leo and Vatican State Secretary Pietro Parolin (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/