Italy - Factors to watch on May 13

About this update from Infrastrutture Wireless Italiane S.p.a.

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 .DEBTTreasury sells up to 7.5 billion euros over three BTP bonds due in 2028, 2032 and 2043. Subscriptions close at 0900 GMT.COMPANIESUNICREDIT MIL:UCG, BANCO BPM MIL:BAMI Italy is sticking to the conditions imposed on UniCredit's bid for Banco BPM as it prepares to engage in talks with the bank, two sources close to the matter said, in a case that has drawn scrutiny from the European Commission.ENI MIL:ENI Italian ceramics entrepreneur Romano Minozzi had acquired, as of May 5, a 3.095% stake in the energy group, a filing by market watchdog Consob showed on Monday. Eni delivered gas last year from Russia to Turkey, documents posted on the Italian energy group's website showed on Monday, confirming the company was still dealing in Russian gas despite suspending supplies within Europe.(*) BANCA POPOLARE DI SONDRIO MIL:BPSO The European Central Bank (ECB) carried out an inspection between October 2022 and April 2023 over governance of credit risks, the lender confirmed on Monday evening, after reports in the Italian media. Popolare Sondrio added that the ECB advised it to strengthen some of the bank's internal structures and to reclassify certain credit positions. The latter could cause the bank's net NPL ratio to rise to 1.36% from 1.04% as of March 31, it added. Sondrio has "initiated remedial actions and measures that it will complete within the expected timeframes and that the ECB has reserved to evaluate over time based on their concrete effectiveness and implementation," the bank added.BUZZI MIL:BZUAnnual and extraordinary shareholders' meetings (0700 GMT) and holds board meeting on Q1 results.Italgas MIL:IGAnnual general meeting (1200 GMT).A2A MIL:A2AReleases Q1 results, followed by conference call (1430 GMT).INWIT MIL:INWReleases Q1 results.INDUSTRIE DE NORA MIL:DNRReleases Q1 results.DIARYEconomy Minister Giancarlo Giorgetti attends ECOFIN meeting in Brussels. Rome, General meeting of the Italy-Japan Business Group; expected attendees include Foreign minister Antonio Tajani (1245 GMT), Industry Minister Adolfo Urso (1500 GMT). Rome, welfare institute INPS President Gabriele Fava attends INPS Steering and Supervisory...

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