Italy - Factors to watch on April 26

  • Reuters
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Italy - Factors to watch on April 26
Credit: © Reuters.

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 IT/DIA .

GENERAL

Restrictions on many businesses, including restaurants, bars and cinemas, will be relaxed in many Italian regions from Monday, as the government slowly rolls back coronavirus curbs in low-infection areas. reported 217 coronavirus-related deaths on Sunday against 322 the day before, the health ministry said, while the daily tally of new infections fell to 13,158 from 13,817. Rome on Sunday joined other countries by imposing restrictions on travel from India to avert the spread of a COVID-19 variant as the Asian nation struggles with a surge in infections. has reached a deal with the European Commission over its Recovery Plan, Prime Minister Mario Draghi told the cabinet late on Saturday, after days of intense talks, paving the way for it to be submitted to Brussels by the end of April. Global on Friday affirmed the outlook on Italy's BBB rating at 'stable', saying it balances pandemic-related deterioration of public finances against the ECB's highly supportive monetary stance, and forthcoming EU grants and loans. announces sale of BTP and CCTeu bonds, with relative amounts to be auctioned on April 29.

COMPANIES

LEONARDO LDOF.MI

The Italian defence group said on Saturday it agreed to buy a 25.1% stake in German military sensor maker Hensoldt from buyout firm KKR, for 23 euros per share in cash, or around 606 million euros. STLA.MI

Production of Maserati's MC20 super car starts on Monday at the group's plant in Modena, Italy, the Head of FIM CISL union Ferdinando Uliano said on Friday.

(*) La Banque Publique d'Investissement is in the capital of the newly-formed group, but in the operational choices there is no willingness to privilege France over Italy, French Trade Minister Franck Riester told L'Economia-Corriere della Sera in an interview published on Monday, adding that "(this) in the interest of both (the)countries".

CREDITO VALTELLINESE PCVI.MI

Credit Agricole (PA: CAGR ) sealed its $1 billion takeover bid for the bank on Friday, in a move that strengthens its foothold in Italy's consolidating banking sector - its biggest market outside France. in Credito Valtellinese could be delisted around mid-June, daily La Repubblica said on Saturday.

Trades ex-dividend of 0.23 euro per share.

ATLANTIA ATL.MI

State lender CDP holds an extraordinary board meeting to approve changes to its bid offer for Atlantia 's toll-road unit Autostrade, a source said.

MEDIASET MS.MI

An Italian court has annulled a vote by Mediaset shareholders at a 2018 meeting where a Vivendi (PA: VIV ) trust was barred, the Italian broadcaster said on Friday. meeting on FY results (press release on April 27).

(*) There have been top-level contacts between Mediaset and Vivendi following a Milan court ruling last week, L'Economia-Corriere della Sera reported on Monday, adding it's too early to know the terms of a possible agreement bewteen the two compnanies.

(*) MAIRE TECNIMONT MTCM.MI

The group said on Monday it was awarded a $450 million contract by Indian Oil (NS: IOC ) Corporation Limited for a new plant located in Paradip, in the State of Odisha, in Eastern India. JUVE.MI

Real Madrid president Florentino Perez said the 12 clubs who were to found the European Super League could not abandon it due to binding contracts, and he promised the project would return after a period of reflection. Serie A clubs have called for Juventus, AC Milan, and Inter Milan to face consequences for their involvement in the failed European Super League project. managing director Fabio Paratici said on Sunday that the Italian club acted with clarity during their involvement in setting up the failed European Super League. superb strike from substitute Alvaro Morata earned Juventus a 1-1 Serie A draw at Fiorentina on Sunday in a result that could prove costly for the Turin club's Champions League qualification hopes. The breakaway European Super League may have ended in dramatic failure last week but it is far from the end of radical proposals for new competitions in the world game. ROMA ASR.MI

Cagliari moved out of the Serie A relegation zone with a 3-2 home win over Europa League semi-finalists AS Roma on Sunday. FINANCE PFIN.MI

Debuts on AIM segment.

DIARY

Rome, Prime Minister Mario Draghi speaks before Chamber of Deputies on recovery and resilience plan (1400 GMT).

Rome, Italian Football Federation's (FIGC) board meets; followed by press conference.

MilanoCapitali2021 holds opening conference "How banks will make the Recovery Fund more effective - A discussion between government, institutions and the leaders of the major banking groups" with Italian banking association ABI Director General Giovanni Sabatini, Banco BPM BAMI.MI CEO Giuseppe Castagna (0800 GMT).

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