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Italy - Factors to watch on June 2

Italy - Factors to watch on June 2

Aatech S.p.a. Societa' BenefitJune 2, 20253
Italy - Factors to watch on June 2

About this update from Aatech S.p.a. Societa' Benefit

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 .(*) POLITICSPolish nationalist opposition candidate Karol Nawrocki won the second round of the country's presidential election with 50.89% of the votes, the electoral commission said early on Monday on its website.ECONOMYMay manufacturing PMI data (0745 GMT).Europe's largest film studio Cinecitta is aiming to re-launch Italy as a movie powerhouse, even as U.S. President Donald Trump's proposed tariffs on foreign productions cast a shadow over the film industry globally.Should President Donald Trump confirm plans to double tariffs on imported steel and aluminium, Italy's steel exports to the U.S., though a small percentage of the total, will fall dramatically or "almost disappear", the head of the steelmakers industry body FederAcciai Antonio Gozzi told Corriere della Sera in an interview published on Sunday. GENERAL More than 500 people were arrested by police during the Champions League final celebrations in France, and two people were reported dead and 192 injured, the interior ministry said on Sunday. COMPANIESMONTE DEI PASCHI MIL:BMPS, MEDIOBANCA MIL:MBThe Tuscan lender is considering lowering the minimum take-up threshold required in its bid for merchant bank Mediobanca to 51% from the 66.7% it set out in January, daily la Repubblica wrote on Saturday, citing financial sources.A source close to the matter confirmed this was a possibility being considered.The supervisory assessment to clear the bid normally includes a range of take-up scenarios to which the regulator could attach different conditions, a second person familiar with the process said.MEDIOBANCA, BANCA GENERALI MIL:BGNProxy advisor PIRC said on Friday it recommended Mediobanca's shareholders to vote in favour of the investment bank's takeover bid for Banca Generali at the shareholders' meeting on June 16.BPER BANCA MIL:BPE, POPOLARE SONDRIO MIL:BPSOItaly's fourth-largest lender said on Friday it had received all required preliminary authorisations by the Bank of Italy to go ahead with its bid offer on rival Popolare di Sondrio. ILLIMITY BANK (ILTY.MI), BANCA IFIS MIL:IFShareholders holding a 27.2% stake in Illimity Bank have entered a consultation agreeme...

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