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Italy - Factors to watch on April 30

Published 30/04/2021, 04:54 pm
© Reuters.

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 IT/DIA .

(*) POLITICS

Italy government said it has extended until the end of December a temporary regime it has put in place for the application of special powers it has to shield key industries from unwanted foreign interest.

GENERAL

Italy reported 288 coronavirus-related deaths on Thursday against 344 the day before, the health ministry said, while the daily tally of new infections rose to 14,320 from 13,385. DBRS rating agency scheduled review of sovereign debt rating.

ISTAT releases March unemployment rate data (0700 GMT), Q1 GDP flash data (0800 GMT), April CPI flash data (0900 GMT).

Bank of Italy releases new 'Financial Stability Report' (1600 GMT).

COMPANIES

Bourse After Hours market closed.

(*) ENI ENI.MI

The Italian energy group said on Friday it had approved the launch of a strategic project to list or sell a minority stake in a new retail and renewable energy business as part of the company's energy transition. said on Friday its net profit in the first quarter jumped almost five times as firmer oil prices offset lower production. ATLANTIA ATL.MI

Italian state lender Cassa Depositi e Prestiti (CDP) gave its green light to a revised offer for Atlantia 's motorway unit, two sources close to the matter said. The revised proposal still values Autostrade at 9.1 billion euros ($11 billion), but includes a ticketing fee in favour of the seller, one of the sources said. and its investment partners Macquarie and Blackstone (NYSE:BX) said on Friday they have sent Atlantia some "refinements" to the offer for the infrastructure group's 88% stake in motorway unit Autostrade per l'Italia. board of Atlantia is expected to review the offer on Friday.

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(*) ENEL ENEI.MI , TELECOM ITALIA TLIT.MI

Cassa Depositi e Prestiti (CDP) has granted approval to unit CDP Equity to present an offer to utility Enel for 10% of Open Fiber, in a move that will see the Italian state lender take control of the broadband infrastructure group. EMII.MI

The bank said on Thursday it obtained a government guarantee (GACS) on the 85.4 million euros senior tranche of a bad loan securitisation. CRDI.MI

Blackrock (NYSE:BLK) holds 5.122% of the bank as of April 23, a regulatory filing showed on Thursday.

CERVED CERV.MI

DWS holds 5.119% of Cerved and Morgan Stanley (NYSE:MS) a potential 7.0% stake, a regulatory filing showed on Thursday, as investors Ion and F2i prepare to launch their takeover bid for the Italian credit data group.

LEONARDO LDOF.MI

In a letter to Leonardo's chairman, small investor Bluebell Partners said it wanted group's shareholders to vote on its proposal to take legal action against CEO Alessandro Profumo at May 19's annual general meeting.

ALITALIA (not listed)

ITA, the new Italian carrier that will replace cash-strapped Alitalia, aims to get control of ticket sales from the old airline as soon as possible, ITA CEO Fabio Lazzerini said on Thursday. GROUP ITPG.MI

Annual general meeting (0800 GMT).

SAIPEM SPMI.MI

Annual general meeting (0800 GMT).

TERNA TRN.MI

Annual general meeting (0900 GMT).

WEBUILD WBD.MI

Annual and extraordinary shareholders' meetings (0800 GMT).

JONIX

Company specialised in non-thermal plasma (NTP) technology used for indoor air sanitation, expected to debut on AIM segment.

SSECO

High Tech company ends IPO.

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DIARY

G20 holds "Infrastructure Working Group Workshop on Circular Economy".

'Recovery Edition 2021' online events on "Which advantages for Italian companies?" with Euronext ENX.PA President and CEO Stephane Boujnah (0700 GMT); "Capital of fashion, capital for fashion" with fashion house Dolce & Gabbana CEO Alfonso Dolce, OTB Group CEO Ubaldo Minelli, Salvatore Ferragamo SFER.MI Vice Executive President Michele Norsa (0805 GMT).

International Corporate Communication Hub holds online event on "Pandemic and vaccines: the role of communication and corporations" with Health Ministry Undersecretary Andrea Costa (0900 GMT).

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