Italy - Factors to watch on Feb. 10
10/02/2025 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
Italy faced pressure on Friday to explain its relationship
with Israeli spyware maker Paragon following reports that the
company had cut ties with Rome over allegations that the
government had used its technology to hack the phones of critics
instead of criminals.
DEBT
Italy's Treasury said on Friday it would sell 8.0 bln euros
in BOT bills at the auction on Feb. 12.
Treasury announces sale of BTP bonds, with relative amounts
to be auctioned on Feb. 13.
COMPANIES
TELECOM ITALIA (TIM) TLIT.MI
French telecoms group Iliad and CVC Capital Partners have
separately informed the Italian government of their respective
interest in potential deals involving former phone monopoly,
sources told Reuters on Friday.
Iliad informed top government officials this week that the
French firm is studying a tie-up between its Italian business
and TIM, said a source.
Meanwhile, representatives of private equity firm CVC, who
had held talks with France's Vivendi VIV.PA to buy its 24%
stake in TIM, also discussed their plans with senior Italian
government officials in recent weeks, another two sources said.
Poste Italiane PST.MI is also looking at a combination
with Telecom Italia, several newspapers reported over the
weekend.
Telecom Italia could replace Vodafone in a commercial
partnership Poste has for its mobile services, and discussions
are ongoing over whether the scheme could also entail Poste
taking a stake in TIM, sources told Reuters on Sunday.
BPER BANCA EMII.MI , POPOLARE DI SONDRIO BPSI.MI
BPER's CEO on Friday said its 4.3 billion euro all-share
takeover bid for smaller peer Banca Popolare di Sondrio was a
defensive move prompted by a raft of merger proposals
acrossItaly's banking industry.
Popolare di Sondrio's board will meet on February 11 to
consider the bid, which it said was neither requested nor
agreed.
Unipol UNPI.MI Chairman Carlo Cimbri described the merger
between the two banks as a "natural marriage" and said the
insurer, which is the largest investor in both banks, would be
able to count on a stronger bank to distribute its products, he
was quoted as saying by Il Sole 24 Ore on Saturday.
FERRAGAMO SFER.MI
The group's founding family has sought to reassure staff
this week that it remains committed to the luxury group after
Monday's surprise news that CEO Marco Gobbetti was leaving, a
person with knowledge of the matter said.
IVECO IVG.MI
The truck and bus maker is considering spinning off its
defence unit this year to simplify the group's structure and
create greater flexibility for both businesses, it said on
Friday, sending shares up over 20%.
JUVENTUS FC JUVE.MI
Randal Kolo Muani converted an 89th minute penalty to earn
Juventus a 2-1 win away to Como on Friday, with the French
forward scoring both goals for the visitors, to make it five
goals in his first three Serie A games.
LAZIO LAZI.MI
The Rome club climbed to fourth place in Serie A after a 5-1
home victory at the Olimpico against AC Monza on Sunday.
MEDIOBANCA MDBI.MI
Releases H1 results (1630 GMT).
BANCA GENERALI BGN.MI
Releases preliminary FY results.
DIARY
Rome, Meeting on the Western Balkans chaired by Foreign
Minister Antonio Tajani; expected attendees include EU Foreign
Policy Chief Kaja Kallas, EU Commissioner for Enlargement Marta
Kos (1130 GMT); Tajani holds press point (1130 GMT) followed by
closed-door working sessions.
Milan, Infrastructure and Transport Minister Matteo
Salvini visits the areas of the former 'Scalo di Porta Romana'
to check the progress of works for the construction of the
Olympic Village for the Milan-Cortina 2026 Winter Games (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/