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Italy - Factors to watch on April 16
Italy - Factors to watch on April 16
About this update from Prysmian S.p.a.
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 (*).For a complete list of diary events in Italy please click on .POLITICSItalian Prime Minister Giorgia Meloni is heading to the White House for a meeting on Thursday with President Donald Trump, seeking to ease tensions over U.S. tariffs on European goods and position herself as a bridge between Washington and Brussels.(*) President Sergio Mattarella was hospitalised in Rome on Tuesday for a scheduled heart operation to install a pacemaker, his office said. Meloni and other political leaders wished him a speedy recovery.ECONOMYISTAT releases March CPI final data (0800 GMT).Bank of Italy releases February data on foreign investors holdings of Italian government bonds.COMPANIES(*) UNICREDIT MIL:UCG, BANCO BPM MIL:BAMIItaly's government is likely to set out conditions for UniCredit's proposed takeover of smaller rival Banco BPM MIL:BAMI this week, including a request to leave Russia "as soon as possible", Il Messaggero reported on Wednesday.MONTE DEI PASCHI (MPS) MIL:BMPS, MEDIOBANCA MIL:MB Two shareholders in Italy's Monte dei Paschi (MPS) MIL:BMPS, holding a total stake of 9%, will back a share issue proposed by the bank to fund its hostile bid for rival Mediobanca MIL:MB.Banco BPM, which holds a 5% stake in MPS, said it would vote in favour of issuing the necessary MPS shares in a vote scheduled on April 17. Separately, two sources said Anima, with a 4% shareholding, would vote in the same way. (*) GENERALI MIL:G The Italian lawyers' pension fund, the Cassa Forense, has over the last three years gradually increased its stake in the insurance group by 0.25%, to 1.25%, MF daily reported on Wednesday.STELLANTIS MIL:STLAMChairman John Elkann said on Tuesday U.S. tariffs and strict European Union emissions standards were threatening the industry, as the automaker continued its search for a new chief executive.TERNA MIL:TRN S&P Global Ratings on Tuesday upgraded the power grid operator's long-term rating at 'A-' from the previous 'BBB+', with a stable outlook.BRUNELLO CUCINELLI MIL:BCQ1 results releases (revenues), followed by conference call (1600 GMT.MONCLER MIL:MONCAnnual general meeting (0800 GMT); Q1 results releases followed by conference call (1630 GMT).MFE-MEDIAFOREUROPE MIL:MFEA...