Italy - Factors to watch on Dec. 20
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.
POLITICS
A court in Palermo is expected to deliver a verdict on Friday in a kidnapping trial involving Italy's deputy prime minister Matteo Salvini, who risks a six-year prison term for holding a boat full of migrants offshore for almost three weeks in 2019.
ECONOMY
ISTAT releases December consumer and business confidence data (0900 GMT); October industry sales data (1000 GMT); November producer prices data (1100 GMT).
COMPANIES
UNICREDIT CRDI.MI
(*) In an opinion piece published in the Financial Times on Friday AD Andrea Orcel said his bank's investment in German rival Commerzbank and its bid for smaller domestic peer Banco BPM BAMI.MI will test the euro zone's commitment towards greater integration, which is necessary to avoid an economic decline.
Germany will not subject any potential takeover of Commerzbank CBKG.DE by UniCredit to an investment screening, a German government source said on Thursday. The source said that was regardless of whether the German lender were considered so-called critical infrastructure or not.
BANCO BPM BAMI.MI
The bank struck a deal with trade unions on 550 new hirings in exchange for 1,110 voluntary early retirements, the FABI banking sector union said on Thursday.
IVECO IVG.MI
The defence and civil protection unit IDV has signed a contract with the Italian Army worth 755 million euros for the supply of 1,453 tactical-logistic trucks, the company said on Thursday.
RAI WAY RWAY.MI, MFE MFEB.MI
The main shareholders in Italian broadcasting tower companies Rai Way and EI Towers signed a preliminary agreement to kick off talks on a potential merger, with an exclusivity period until Sept. 30, 2025, they said on Thursday. MFE-MediaforEurope MFEB.MI, the TV group controlled by Italy's Berlusconi family, holds a 40% stake in EI Towers.
A2A A2.MI, ASCOPIAVE ASCI.MI
Italian utility said on Thursday it reached an agreement to sell part of its gas distribution network in northern Italy to smaller rival Ascopiave.
(*) BANCA GENERALI BGN.MI
Italy's market watchdog Consob approved the banking group's offer document related to the bid for Intermonte INTM.MI, setting an offer period between Dec 23, 2024 and Jan 24, 2025.
DIARY
Milan, Mediobanca MDBI.MI holds Mediobanca CSR Conference on 'Unaccompanied foreign minors between rights and opportunities' with CEO Alberto Nagel, U.N. High Commissioner for Refugees (UNHCR) Filippo Grandi (0930 GMT).
Lampedusa, Economy Minister Giancarlo Giorgetti pays visit to local tax police 'Guardia di Finanza' unit.
Podere Rota (Arezzo), Iren IREE.MI inaugurates new recovery plant for critical raw materials and precious metals (0815 GMT); expected attendees include Energy Security Minister Gilberto Pichetto Fratin, Iren Chairman Luca Dal Fabbro, Iren Environment unit CEO Eugenio Bertolini.
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/
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