The following factors could affect Italian markets on Monday.
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 .
ECONOMY
ISTAT releases May CPI final data (0800 GMT).
Bank of Italy releases April data on public finances, state borrowing and debt.
COMPANIES
MEDIOBANCA MIL:MB, BANCA GENERALI MIL:BGN
Italian merchant bank Mediobanca said on Sunday it had postponed a shareholder meeting initially scheduled on Monday to vote on its bid for Banca Generali to September 25 after some investors requested more information.
UNICREDIT MIL:UCG
Italy's second-largest bank UniCredit holds a stake of around 2% in Mediobanca, a person with knowledge of the matter told Reuters. A UniCredit spokesperson said the bank handled around 20 billion euros of equity flows a day and regularly held positions on behalf of clients and to cover their positions. "This is no different," the UniCredit spokesperson said.
BPER BANCA MIL:BPE, POPOLARE DI SONDRIO MIL:BPSO
The lender starts a full voluntary takeover bid on shares of rival Banca Popolare di Sondrio; ends on July 11.
BANKS
In a letter the EU Commission sent to Rome - reported on Saturday by daily La Stampa - seeking clarifications on its use of so-called golden powers to vet bank deals, in particular the recent UniCredit's bid on Banco BPM, Brussels said it was not clear how the acquisition of an Italian lender by another local one could result in a serious threat to the country's security. In the letter, the Commission also lists 14 items pertaining to five areas of concern: the law decree itself, the interaction with EU norms on the single market for capitals, on competition and on the directive for collective investments, as well as on the role of relevant authorities.
ENI MIL:ENI
CEO Claudio Descalzi attends conference "Energy Asia" in Kuala Lumpur (to June 17).
M&A - LAVAZZA
Unlisted Italian coffee maker Lavazza is considering a merger deal with German rival Dallmayr, Il Corriere della Sera daily said on Saturday. The deal would be carried out mainly through a share exchange, leaving the Lavazza family as the majority shareholder in the new group, the report said. It added Lavazza was being advised by Goldman Sachs for the deal and that talks were at an initial stage.
DIARY
Prime Minister Giorgia Meloni attends G7 summit in Kananaskis, Canada (to June 17).
Milan, ECB board member Piero Cipollone gives speech at "Osservatorio Banca Impresa 2030" event (1030 GMT).
((Milan newsroom, e-mail: ))
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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
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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:
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