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Italy - Factors to watch on September 26

Italy - Factors to watch on September 26

Banca Mediolanum SpaSeptember 26, 20253
Italy - Factors to watch on September 26

About this update from Banca Mediolanum Spa

The following factors could affect Italian markets on Friday.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 .ECONOMYISTAT releases September consumer and business confidence data (0800 GMT).DEBTTreasury sells 3.5-4.0 billion euros of new 2.85% BTP bonds due February 1, 2031; 1.5-2.0 billion euros of 3.60% BTP bonds due October 1, 2035; 1.0-1.5 billion euros of CCTeu bonds due April 15, 2043; 1.0-1.25 billion euros of 4.00% BTP Green bonds due April 30, 2035. Subscriptions close at 0900 GMT.COMPANIES(*) UNICREDIT MIL:UCG The Italian bank is open to permanently increase the number of German nationals on its board of directors if it helps facilitate a takeover of Commerzbank XETR:CBK, the Financial Times reported on Friday, citing people familiar with the matter.If the Commerzbank takeover fails, UniCredit's "plan B" could target the German bank's Polish assets, starting from its local subsidiary mBank, MF reported on Friday. (*) BANCA MONTE DEI PASCHI DI SIENA MIL:BMPS Alphavalue has initiated coverage of the Tuscan lender with an 'add' rating and a target price of 10.10 euros. (*) SAIPEM MIL:SPM, WEBUILD MIL:WBD Italian construction group Pizzarotti is not for sale, Chairman Paolo Pizzarotti told daily Corriere della Sera and Il Sole 24 Ore newspapers, adding however that his family might consider opening up the capital to a minority investor. In his comments, he said Webuild, Ghella, Saipem and Ferrovie dello Stato have expressed an interest for a unit of the company.(*) SAIPEMThe Italian energy contractor said on Friday it had received authorisation from ExxonMobil to proceed with the development of an offshore oil field in Guyana, with a contract value of around $500 million.(*) ENI MIL:ENI Italy's antitrust regulator said on Friday it had fined the Italian energy major 336 million euros for restricting competition in the sale of fuel for trucks in collusion with five other oil companies operating in the country, which were also fined.(*) EDISON MIL:EDNR French utility EDF is angling towards a re-listing of the Italian energy company on the Milan bourse instead of opening the capital up to a minority investor, Corriere della Sera daily said on Friday. (*) TAMBURI MIL:TIP, ELICA MIL:ELC, DEXELANCE MIL:DEX The United States will...

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