Banco Bpm SpaMIL: BAMI

Italy - Factors to watch on December 16

· Issued by Banco Bpm Spa

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, TRADE

Italian Prime Minister Giorgia Meloni and French President Emmanuel Macron have agreed on the need to delay a final European Union vote on the Mercosur trade deal, two sources familiar with the discussion told Reuters on Monday.

ECONOMY

ISTAT releases November CPI final data (0900 GMT) and October foreign trade data (1000 GMT).

COMPANIES

(*) STELLANTIS MIL:STLAM

The European Commission is weighing a new compensation scheme that could allow car makers to sell combustion-engine vehicles beyond 2035, Germany's Handelsblatt newspaper reported on Tuesday, citing senior Commission sources. Under the proposed framework, up to 30% of climate targets could be met through alternative fuels, while approximately 70% would be achieved using green steel, the report said.

(*) MAIRE MIL:MAIRE

The Italian engineering group said on Tuesday its energy transition unit Nextchem had been awarded a feasibility study by Germany's Rohm TSE:6963 for a chemical plastic recycling plant in Worms, in south-western Germany.

CALTAGIRONE MIL:CALT, MONTE DEI PASCHI DI SIENA MIL:BMPS, GENERALI MIL:G

Italy's Caltagirone construction group, a leading investor in bank Monte dei Paschi di Siena and insurer Generali, said on Monday it was beefing up governance controls relating to the two investments.

ENI MIL:ENI

Italy's competition authority has closed an investigation into alleged unfair commercial practices concerning the energy group's unit Plenitude and will take no further action, the regulator said in a weekly bulletin on Monday.

(*) BANCO BPM MIL:BAMI

The bank said on Tuesday it had decided to exercise its option to redeem all of the outstanding Tier 2 Notes, worth 350 million euros, issued on 14 December 2020 with a 10 year maturity, on the issuer call date falling on January 14, 2026.

BANCA GENERALI MIL:BGN

The lender said on Monday it would launch a 100 million euro senior issuance on December 22, to be fully subscribed by its controlling shareholder Generali, with a 3.345% annual coupon and maturing in December 2030.

JUVENTUS MIL:JUVE

Shares in the soccer club surged almost 19% on Monday, after Italy's Agnelli family on Saturday rejected crypto group Tether's surprise offer that valued the Serie A soccer club at 1.1 billion euros ($1.29 billion).

DIARY

Rome, Bank of Italy, European Central Bank and the World Bank end 4th edition joint conference "Trade, value chains and financial linkages in the global economy".

Rome, Environment and Energy Security Minister Gilberto Pichetto Fratin is expected to attend celebratory event marking the merger between Assopetroli-Assoenergia and Assogasmetano (0930 GMT).

((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 indexFTSE:E3X DJ STOXX indexTVC: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 JonesDJ:DJI Wall Street report Nikkei 225TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAXXETR:DAX Frankfurt market stories CAC-40EURONEXT: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: