Italy - Factors to watch on August 27
The following factors could affect Italian markets on Tuesday.
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.
DEBT
Treasury sells 2.0-2.5 billion euros 3.10% BTP Short bonds due Aug. 28, 2026. Subscriptions close at 0900 GMT.
The Treasury said on Monday it would sell up to 9.25 bln euros in bonds at an Aug. 29 auction.
COMPANIES
SARAS SRS.MI
Vitol's financial vehicle Varas exceeded 90% of the share capital of the Italian oil refiner on Monday, allowing it to now delist Saras.
(*) TIM TLIT.MI
France's Vivendi VIV.PA would only be interested in a a block sale of all of its 23.75% stake in TIM, asking around 2 billion euros for the entire shareholding, Il Messaggero reported on Tuesday citing sources. Il Giornale reported Vivendi is seeking between 1.5 billion euros and 2 billion euros.
Once out of TIM's share capital, Vivendi could also decide to drop its lawsuit against the phone group over the sale of its fixed-line network to the consortium led by KKR KKR.N, Corriere della Sera reported on Tuesday.
Blackstone and private equity Tikehau are among the groups that have been sounded out for the sale, La Stampa reported.
(*) FERRETTI YACHT.MI
The Bombassei family, which controls brake maker Brembo BRBI.MI, has further increased its stake in the yacht maker to 2.07% from 1.1%, MF reported on Tuesday.
(*) JUVENTUS FC JUVE.MI
The team continued their flying start under new manager Thiago Motta with a comfortable 3-0 victory at Hellas Verona in Serie A on Monday as a Dusan Vlahovic double and a goal by Nicolo Savona sent them to the top of the table.
Milan Stock Exchange After Hours market closed.
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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