Italy - Factors to watch on May 19

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

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 . POLITICS U.S. Vice President JD Vance alongside Secretary of State Marco Rubio attended the inaugural Mass of Pope Leo on Sunday in Rome. Vance met Ukrainian President Volodymyr Zelenskiy on Sunday. In a separate meeting, he met EU Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni and said he hoped their encounter would help move forward trade talks between the EU and the United States. The Ukrainian leader had a private meeting with Leo while the U.S. Vice President is expected to see the pope on Monday. (*) British Prime Minister Keir Starmer on Sunday discussed Russia's war against Ukraine with leaders of the U.S., Italy, France and Germany, a Downing Street spokesperson said. (*) Boosting defence spending is a task for all NATO members willing to close gaps with allies, ministers from historic low-spenders Italy and Germany said on Friday, following a round of talks with European counterparts. COMPANIES UNICREDIT MIL:UCG Germany does not expect the Italian bank to launch a full bid for German rival Commerzbank XETR:CBK at present, German Chancellor Friedrich Merz said on Saturday. The Italian bank declined to comment on reports in La Repubblica and Corriere della Sera at the weekend reiterating the lender has asked market regulator Consob to suspend the tender offer for Banco BPM to give UniCredit time to assess the implications of Italy's 'golden power' conditions. TELECOM ITALIA MIL:TIT Italy's biggest phone group said on Sunday amendments to the bylaws, including the broadening of corporate purpose, will be submitted for consideration by the Board of Directors at its May 23 meeting. Last week Reuters reported that TIM was considering adding insurance, digital payments and energy to its business as described in its bylaws ahead of expanding the offering of those services. (*) MEDIOBANCA MIL:MB Morgan Stanley on Monday cut the rating on the Italian bank to 'equal weight' from 'overweight' and the target price to 22 euros from 21 euros. (*) AMPLIFON MIL:AMP The Italian hearing aid maker aims to grow its business both through organic growth and acquisitions but only if they are profitable, its Chief Executive Enrico Vita was quoted as saying by Corriere della Sera's weekly L'Economia on Monday. BANCA IFIS MIL:IF , ILLIMITY BANK (ILTY.MI) Ifis starts full voluntary takeover bid on illimity Bank (ILTY.MI) shares; ends on June 27. (*) JUVENTUS MIL:JUVE Juventus manager Igor Tudor applauded Dusan Vlahovic for his commitment after the forward came off the bench to score their second goal in a nervy a 2-0 win over Udinese on Sunday which could prove crucial in the race for a Champions League spot. (*) LAZIO MIL:SSL Inter Milan's title hopes were dealt a crushing blow when a late Pedro penalty earned Lazio a 2-2 draw at the San Siro on Sunday, to leave the Serie A champions one point behind Napoli going into the final game of the season. Shares trading ex-dividend on May 19, or without the right to their latest dividend, are expected to push down Milan's blue-chip index .FTMIB by around 1.76%, traders said on Friday. The 23 companies involved on the blue chip index are: A2A MIL:A2A ; Amplifon MIL:AMP ; Azimut MIL:AZM ; Mps MIL:BMPS ; Banco Bpm MIL:BAMI ; Pop Sondrio MIL:BPSO ; Bper MIL:BPE ; Brunello Cucinelli MIL:BC ; Buzzi MIL:BZU ; Diasorin MIL:DIA ; Eni MIL:ENI ; Finecobank MIL:FBK ; Generali MIL:G ; Interpump MIL:IP ; Intesa MIL:ISP ; Inwit MIL:INW ; Italgas MIL:IG ; Moncler MIL:MONC ; Nexi MIL:NEXI ; Recordati MIL:REC ; Saipem MIL:SPM , Tenaris MIL:TEN and Unipol MIL:UNI . DIARY Milan, business lobby fashion unit Confindustria Moda holds annual meeting "Energy, the 'Made in Italy' textile-fashion, a strategic supply chain for the future of our Country" (1430 GMT); expected attendees include Brunello Cucinelli MIL:BC CEO Riccardo Stefanelli, Industry Minister Adolfo Urso. ((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 index FTSE:E3X DJ STOXX index TVC: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 Jones DJ:DJI Wall Street report Nikkei 225 TVC:NI225 Tokyo report FTSE 100CURRENCYCOM:UK100 London report Xetra DAX XETR:DAX Frankfurt market stories CAC-40 EURONEXT: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:

View stock analysis, news, and events for Infrastrutture Wireless Italiane S.p.a.