Italy - Factors to watch on April 15

About this update from Infrastrutture Wireless Italiane S.p.a.

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 . POLITICS U.S. President Donald Trump said on Monday he believes Iran is intentionally delaying a nuclear deal with the United States and that it must abandon any drive for a nuclear weapon or face a possible military strike on Tehran's atomic facilities. ECONOMY Bank of Italy releases February data on public finances, state borrowing and debt. COMPANIES TELECOM ITALIA (TIM) MIL:TIT Italy's Economy Ministry and Asterion's Retelit have signed an agreement to buy the phone group's subsea unit Sparkle, in a deal that values it 700 million euros, the ministry and TIM said in a statement, adding that the closing was expected by end-2025. The agreement includes a possible price adjustment in case certain targets for Sparkle's 2025 EBITDA are not met. (*) The shareholders of FiberCop and Open Fiber, including the Italian Economy Ministry which has a 16% stake in FiberCop, held a first meeting on Monday as part of discussions on a possible merger between the two fibre optic grid operators, Il Sole 24 Ore reported on Tuesday. STELLANTIS MIL:STLAM A court in Turin, Italy, has ruled admissible a class action suit against Stellantis concerning potentially faulty airbags made by Japanese auto parts company Takata, the automaker and two consumer groups said on Monday. Annual general meeting (1200 GMT). (*) GENERALI MIL:G It will be up to the newly-appointed board of Fondazione CRT, which holds a 1.9% stake in Generali, to decide how to vote at Generali's shareholders meeting next week, the foundation's chairwoman Anna Maria Poggi said in an interview with Corriere della Sera published on Tuesday. Generali's annual general meeting is due to vote on a the renewal of the board. BANCO BPM MIL:BAMI Credit Agricole EURONEXT:ACA held a 19.8% stake in the bank as of April 9, while Deutsche Bank XETR:DBK cut its stake to zero, also as of April 9, from a previous 5.18%, according to a Monday filing by market watchdog Consob. (*) MONTE DEI PASCHI (MPS) MIL:BMPS , MEDIOBANCA MIL:MB The board of Banco BPM, which holds a 5% stake in Monte dei Paschi, will meet on Tuesday to decide how to vote at MPS' shareholders meeting on Thursday, a source close to the bank said. Banco BPM is leaning towards voting in favour of a capital increase, needed to support MPS' planned bid for Mediobanca. The MPS-Mediobanca deal is a market operation that can make the Italian financial sector more competitive, the chairman of Delfin, Francesco Milleri, said in an interview published by Il Foglio daily on Tuesday. Delfin, the holding company of the Del Vecchio family, has a 9.8% stake in MPS and a 19.8% stake in Mediobanca. BPER MIL:BPE , POPOLARE SONDRIO MIL:BPSO Italy's Competition Authority said on Monday it opened an antitrust investigation into BPER's takeover offer for Sondrio, saying the deal might limit competition in some local markets in the northern provinces of Varese, Como and Pavia. PRYSMIAN MIL:PRY The cable maker said on Monday it sold a 3.7% stake in Hong Kong-listed Yangtze Optical Fibre and Cable (YOFC) SSE:601869 for around $45 million to support its $1.15 billion acquisition of U.S. group Channell. (*) LEONARDO MIL:LDO The variable component of CEO Roberto Cingolani's remuneration will increase in 2025, whose pay package already rose to 1.9 million euros in 2024 from 935,000 euros for eight months' work in 2023, MF daily reported on Tuesday. INWIT MIL:INW Annual general meeting (1300 GMT). DIARY Rome, Montenegro Prime Minister Milojko Spajic meets with Prime Minister Giorgia Meloni (0930 GMT) and President Sergio Mattarella (1630 GMT). Rome, Prime Minister Giorgia Meloni, Foreign Minister Antonio Tajani, Industry Minister Adolfo Urso attend "Leonardo 2025 Awards Ceremony" (1400 GMT). Rome, Chamber of Deputies holds 'Question time' session with Economy Minister Giancarlo Giorgetti (1300 GMT). Rome, Industry Minister Adolfo Urso takes part in several events during the "National Made in Italy Day 2025 Day" (from 0730 GMT). Rome, Antitrust Authority President Roberto Rustichelli presents 2024 annual report (0900 GMT). Rome, trade association Confcommercio and The European House Ambrosetti start 23rd forum "Market players and scenarios for the 2000s" (0830 GMT); ends on April 16. On Tuesday expected attendees include Parliamentary Budget Bureau (UPB) President Lilia Cavallari, EU Commission Vice President Raffaele Fitto, Economy Undersecretary Federico Freni. Milan, Economy Minister Giancarlo Giorgetti attends via videoconference 15th edition annual event on savings 'Salone del risparmio' (0800 GMT). Coriano, 7th edition "Sustainable Economy Forum" (0730 GMT); expected attendees include EU Industry Commissioner Stephane Sejourne, Lavazza Group board adviser Francesca Lavazza, Eni MIL:ENI CEO Claudio Descalzi, savings bank association ACRI President Giovanni Azzone, state lender Cassa Depositi e Prestiti (CDP) President Giovanni Gorno Tempini, banking association ABI President Antonio Patuelli. ((Milan newsroom, e-mail: )) 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 FTSE:ITLMS FTSE Mib index .FTMIB FTSE Allstars index... FTSE:ITSTAR 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 FTSE:E3X DJ STOXX index TVC:SXXP 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 DJ:DJI Wall Street report Nikkei 225 TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAX XETR:DAX Frankfurt market stories CAC-40 EURONEXT:PX1 Paris market stories World Indices(0#.INDEX) Reuters survey of world bourse outlook(EQUITYPOLL1) Western European IPO diary(WEUIPO) European Asset Allocation Reuters News at a Glance: Equities Main currency report:

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