$5.21 0.0 0.0%
Last Trade - 05/07/19
Market Cap | £8.70bn |
Enterprise Value | £33.41bn |
Revenue | £13.61bn |
Position in Universe | th / 6651 |
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 Italian Prime Minister Giuseppe Conte faces a showdown with his coalition partner and former premier Matteo Renzi this week that could bring down his government even as it struggles to contain the COVID-19 pandemic. urn:newsml:reuters.com:*:nL8N2JE07V ... ECONOMY IHS Markit releases December PMI manufacturing (0845 GMT). Transport Ministry releases December car sales data (1700 GMT). December state sector borrowing requirement data. COMPANIES Bourse After Hours market closed. FIAT CHRYSLER FCHA.MI ; EXOR EXOR.MI Shareholders in both Fiat Chrysler and France's PSA on Monday are scheduled to vote on their plans to merge the two groups to create Stellantis, the world's fourth largest carmaker. (1330 GMT). urn:newsml:reuters.com:*:nL1N2IW0TQ Daily Corriere della Sera said on Saturday that the merger could be finalised by as early as the end of January. FINCANTIERI FCT.MI France has offered Italian shipbuilder Fincantieri a one-month extension to its planned acquisition of French rival Chantiers de l'Atlantique, the finance ministry said in a statement sent to Reuters on Wednesday. urn:newsml:reuters.com:*:nL8N2JA1VU A2A A2.MI Marco Patuano, the chairman of Italy's biggest regional utility, appeared to dismiss the idea of creating a large northern utility through mergers of the main regional players like Iren and Hera, telling Il Sole 24 Ore on Saturday that any such mergers would need to generate value for the companies and stakeholders, create synergies and increase know-how. "That’s why it doesn't seem to me particularly to be a propitious moment to talk about it." He also said his group was not presently interested in investing in fast broadband group FiberCop led by Telecom Italia. ATLANTIA ATL.MI Atlantia said on Wednesday its subsidiary Abertis Infraestructuras, in consortium with Manulife Investment Management, had wrapped up the acquisition of the company holding the concession to 2070 of the Elizabeth River Crossings tunnels in Virginia for about 1 billion euros. UNICREDIT CRDI.MI Yanez securitisation vehicle issued notes for 908 million euros under UniCredit's Sandokan 2 project. urn:newsml:reuters.com:*:nS8N2IX00I BPER BANCA EMII.MI BPER said on Wednesday it had sold a bad loans portfolio with a gross book value of 270.8 million euros. Sale was through securitisation with GACS state guarantee. urn:newsml:reuters.com:*:nFWN2J90B0 BANCO BPM BAMI.MI Giorgio Girondi, a shareholder with 4.9% of Banco BPM, is promoting an agreement involving shareholders Sandro Veronesi and Dario Tommasi that would secure a joint 7.5% stake of the bank with the possibility of rising to 9.9% due to Girondi's aim of increasing his share, daily newspaper il Messaggero reported on Thursday. CATTOLICA ASSICURAZIONI CASS.MI The insurer said on Wednesday after buying remaining shares subject to the exercise of withdrawal rights in a deal relating to the group's transformation into a joint-stock company, it held 12.3% of the company's share capital. The company's 2020 results will probably show its highest operating profit ever, at the top end of the range indicated of between 350 and 375 million euros, CEO Carlo Ferraresi said in an interview with daily La Stampa on Thursday. He added that Cattolica aims to resume distributing a dividend although this depends on the go-ahead of Italian and European regulators. Ferraresi said Cattolica was ready to start talks with Banco BPM over a mooted joint venture. Banco BPM called for a change of control clause after Italy's biggest insurer Generali GASI.MI in June agreed to buy 24.4% of Cattolica to become its single largest investor. Ferraresi said there was no reason to call for a change of control. ASSICURAZIONI GENERALI GASI.MI Generali has signed an agreement for the acquisition of all of the shares currently owned by AXA Group in its Greek subsidiary AXA Insurance S.A. ("AXA Greece") for 165 million euro, the insurer said in a statement on Thursday. In addition, Generali has renegotiated the distribution agreement currently in place between AXA Greece and Alpha Bank expiring in March 2027 by extending it for twenty years from the closing of the acquisition. urn:newsml:reuters.com:*:nFWN2JA092 SARAS SRS.MI Saras said on Thursday the integrated gasification combined cycle plant of Sarlux had been included by the energy regulator among the "essential plants" to the safety of the Italian electricity system for the year 2021. EDISON EDNn.MI Italy's Edison said on Wednesday it had sold its exploration and production assets in Norway to Norwegian oil and gas group Sval Energi as part of its strategy to focus on clean energy. urn:newsml:reuters.com:*:nL8N2JA3GB MARKETS British financial intermediaries can keep on operating in Italy until the end of June as they await authorisation to do business in the country as non-European Union companies, Italy's banking and bourse authorities said on Saturday. urn:newsml:reuters.com:*:nL8N2JD09 DIARY ... ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, milan.newsroom@news.reuters.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/