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Italy - Factors to watch on November 10
Italy - Factors to watch on November 10
About this update from Zest 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 .POLITICSItaly's largest union CGIL said on Friday it would hold a general strike on December 12 to protest against budget plans presented by Prime Minister Giorgia Meloni's conservative government.DEBTThe Treasury said on Friday it would sell 8.5 billion euros in 12-month bills at an auction on November 12.Treasury announces sale of BTP bonds, with relative amounts to be auctioned on November 13.COMPANIES(*) UNICREDIT MIL:UCG The lender is ready to appeal against the regional administrative court ruling in July that led to its decision to drop its takeover bid for Banco BPM MIL:BAMI, daily la Repubblica reported on Monday. (*) ENI MIL:ENI The joint venture between Malaysia's Petronas MYX:PETDAG, Enilive and Japan's Euglena TSE:2931 has started the construction of a new biorefinery in Pengerang, in Malaysia, which will have a processing capacity of up to 650,000 tonnes of renewable feedstock annually, the three companies said on Monday, adding it was due to start operations in the second half of 2028. (*) FINCANTIERI MIL:FCT The Italian shipbuilder said on Monday it had secured an order for the construction of an ultra-luxury cruise ship for Regent Seven Seas Cruises, owned by Norwegian Cruise Line Holdings NYSE:NCLH. It added that the value of the order was in the range of 500 million euros-1 billion euros. (*) LOTTOMATICA MIL:LTMC The gaming group said on Monday it had bought 130 million euros of its own shares and is targeting buying up 300 million euros by the end of the year, with another 200 million euros planned in 2026.NEXI MIL:NEXIThe Italian payments group said on Friday it had received an offer from U.S. private equity fund TPG for several assets in its digital banking solutions business.CAMPARI MIL:CPRChief Executive Simon Hunt on Friday ruled out acquisitions in the short term for the Italian spirits maker and said he was focused instead on cutting the group's debt.IVECO MIL:IVGThe Italian government has given its conditional approval to the sale of the truck-maker to India's Tata Motors NSE:TMPV, a parliamentary document showed on Friday.BANKSItalian banks support the European Central Bank's digital euro proj...