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Italy - Factors to watch on June 23

Italy - Factors to watch on June 23

Mare Engineering Group SpaJune 23, 20254
Italy - Factors to watch on June 23

About this update from Mare Engineering Group Spa

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 .DEBTTreasury announces sale of 6-month BOT bills, with relative amounts to be auctioned on June 26.COMPANIES (*) STELLANTIS MIL:STLAMNew CEO Antonio Filosa will retain his role as head of the key North American market, the automaker said on Monday in announcing a new leadership team. Jean-Philippe Imparato was confirmed as Europe head and CFO Doug Ostermann was given responsibility for mergers and acquisitions and joint ventures in the new team that takes charge from Monday.UNICREDIT MIL:UCGItaly's second-biggest bank said on Friday it had brought its Italian life insurance business in house and will apply for capital relief measures known as the 'Danish compromise' for banks that own insurers.UniCredit's full takeover bid on Banco BPM MIL:BAMI shares resumes after suspension; ends on July 31.BPER MIL:BPE, BANCA POP SONDRIO MIL:BPSOShareholders in Banca Pop Sondrio representing an overall stake of 0.06% had tendered their shares to BPER's bid at the end of the first week of the acceptance period, Borsa Italiana said on Friday. ENI MIL:ENIThe state-controlled energy group's CEO Claudio Descalzi told the Financial Times on Sunday he did not know how much longer he would remain in his job. "We are in a volatile situation, and it is not easy to change [leader] very often. But clearly a CEO cannot remain forever," he said. (*) The company said on Monday it had signed a deal with Ares Management Alternative Credit funds NYSE:ARES worth around 2 billion euros ($2.30 billion) for the sale of a 20% stake in its retail and renewable unit Plenitude.LOTTOMATICA MIL:LTMCFMR funds are the biggest shareholders in the Italian betting company with a 9.99% stake, Il Messaggero reported on Sunday, citing the latest update on Lottomatica's website. FOS (FOS.MI)FOS Holding SpA starts full takeover bid on FOS ordinary shares; ends on July 11.LA SIA (LASIA.MI)-MARE ENGINEERING GROUP MIL:MAREMare Engineering Group starts full mandatory takeover bid on LA SIA ordinary shares, ends on July 11.FTSE MIB share index revision effective as of Monday.PRADA HKEX:1913Gianfranco D'Attis, the chief executive of the Italian luxury group brand, will leave the...

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