Italy - Factors to watch on July 15

Swisscom AG

15/07/2026 05:00

   The following factors could affect Italian markets on Wednesday

        Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

POLITICS
Italy's parliament on Tuesday rejected a key aspect of voting rules reforms proposed by Prime Minister Giorgia Meloni's party, dealing her a significant setback ahead of general elections due next year.
Italy's government on Tuesday nominated antitrust expert Guido Stazi as the new head of the Milan bourse watchdog Consob, political sources said, ending a months-long dispute within Prime Minister Giorgia Meloni's right-wing coalition.

DEBT
Bank of Italy publishes monthly report on public finance, borrowing requirement and debt report, including data on government bond holdings by foreign and retail investors and an update on public debt. (0830 GMT)
        
COMPANIES 
(*) MONTE DEI PASCHI (MPS) BMPS.MI, INTESA SANPAOLO ISP.MI, BANCO BPM BAMI.MI 
At tomorrow's board meeting, MPS is expected to respond to Intesa Sanpaolo's takeover bid seeking improved terms, daily Il Giornale reported on Wednesday. The Tuscan bank is also likely to ask Banco BPM for a more detailed tie-up proposal, also in the light of MPS' increased value which would exclude a proposed "merger of equals", the report added.  
 
(*) POSTE ITALIANE PST.MI, TELECOM ITALIA TLIT.MI 
The financial conglomerate said on Tuesday it received a green light from the Bank of Italy to indirectly acquire a qualified stake in TIM's consumer-credit unit TIMFin if its takeover offer for the telecoms group succeeds.
Market regulator Consob now has 10 days to approve the offer document for Poste's bid on Telecom, the statement added.   

INWIT INWT.MI
An Italian judge rejected on Tuesday a request by the Italian telecom tower company to urgently suspend a contract termination initiated by Fastweb, the Italian arm of Swisscom SCMN.S.

(*) HERA HRA.MI
The multiutilty said on Wednesday it will acquire 70% of Kronos Polymer Polska, a a Polish operator active in the recycling and processing of polyethylene (PE). The newco involved in the transaction will receive a plant equipped with a complete polyethylene sorting, grinding and washing line, with an installed production capacity of 12,000 tonnes per year, the statement added.

(*) BFF BANK BFF.MI 
The bank said on Tuesday it had received the Bank of Italy's inspection report related to the central bank's review between December and May, confirming its unfavourable assessment and identifying issues relating to the factoring and lending business and to the prudential classification of credit exposure. 
According to daily Il Messaggero, bids from Cerberus and Banca CF+ have been submitted to the advisers, while an offer from stare-owned bad loans manager AMCO, backed by Banco BPM, is expected soon.

(*) M&A, SEGAFREDO ZANETTI
Italy's Massimo Zanetti Beverage Group is due to receive first-round non-binding bids on Wednesday from private equity investors for a potential acquisition of coffee brand Segafredo, financial daily Il Sole 24 Ore reported on Wednesday. The report added that Pai Partners, Cinvent, Advent and Blackstone are among those interested in the investment.    

DIARY 
Rome, ABI (Italian Banking Association) annual assembly, with ABI President Antonio Patuelli, Bank of Italy Governor Fabio Panetta, and Economy Minister Giancarlo Giorgetti (0800 GMT).
Rome, Israel-Lebanon round of negotiations at the U.S. embassy enters second and final day. 



        
  
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/