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Italy - Factors to watch on August 3
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Italy - Factors to watch on August 3
Aug 2, 2026 11:50 PM

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 (*).

POLITICS

Italy partially suspended passport-free Schengen travel

arrangements with Spain for one month and pushed for a meeting

of EU interior ministers following the influx of migrants in

Ceuta. Spain accused Italy of using the crisis for domestic

political consumption.

ECONOMY

July manufacturing PMI, expected 52.3 (0745 GMT).

Transport ministry releases July car registrations data.

(1600 GMT)

DEBT

Treasury state sector balance for July.

COMPANIES

(*) PRYSMIAN

The cable maker said on Monday it agreed to acquire

U.S.-based electrical products maker Atkore ( ATKR ) for $95 per

share in cash, giving the company an implied enterprise value of

around $3.8 billion.

BANCA MONTE DEI PASCHI, BANCO BPM,

INTESA SANPAOLO

(*) Monte dei Paschi di Siena is exploring alternative

options to fend off Intesa Sanpaolo's hostile takeover,

including a potential takeover of Banco BPM, after talks over a

"merger of equals" between the smaller lenders collapsed on

Friday, the Financial Times reported on Sunday.

Banco BPM on Friday abandoned efforts to seek a merger with

rival Banca Monte dei Paschi di Siena, after stepping in to help

it fend off a takeover bid by bigger peer Intesa Sanpaolo

.

Banco BPM's main shareholder, France's Credit Agricole

, said earlier it saw no value in a tie-up between the

two mid-sized banks and would prefer to combine its own Italian

unit with Banco BPM.

La Stampa newspaper reported on Sunday that the government

plans to sell its remaining stake in Monte dei Paschi by the end

of September, before Intesa's takeover bid enters a crucial

phase.

(*) MONTE DEI PASCHI, INTESA SANPAOLO, UNICREDIT

, UNIPOL, BPER

Antitrust concerns over Intesa's bid for smaller rival Monte

dei Paschi appear limited on the branch network front, while

closer scrutiny is expected in the insurance business, la

Repubblica's weekly supplement Affari & Finanza reported on

Monday. The report said "only minor adjustments" are expected to

the planned sale of 635 MPS branches to Unipol and BPER to

comply market-share caps. The regulator could require

safeguards to prevent information-sharing between Intesa and

Generali on the insurance business, the paper said.

According to Il Corriere's weekly supplement L'Economia,

Intesa Sanpaolo may sell 617 Monte dei Paschi branches to

UniCredit, on top of the 635 branches it already plans to sell

to Unipol.

(*) POSTE ITALIANE

The financial conglomerate said on Friday its share buy-back

programme would start on Monday.

(*) SAIPEM

The oil service company said on Friday that all applicable

waiting periods under the U.S. Hart-Scott-Rodino antitrust law

had expired for its planned merger with its Norwegian peer

Subsea7 and the companies are now allowed to complete

the transaction in the United States.

LEONARDO

The Italian defence group is continuing non-binding talks

with Germany's Rheinmetall on the possible sale of a

part of recently acquired Iveco Defence Vehicles, top executives

said on Friday.

TELECOM ITALIA

Italy's data protection authority said on Friday it had

fined the Italian phone group €9.52 million for several

violations of privacy and telemarketing regulations.

(*) DANIELI

The Italian iron and steel plant-maker said on Friday it was

contracted by France's GravitHy to proceed with initial basic

engineering for a new green DR GravitHy plant, as part of a €3

billion investment.

(*) THE ITALIAN SEA GROUP

The yacht maker, undergoing insolvency proceedings, said on

Monday it posted a net loss of €171 million in 2025 versus a €34

million profit a year earlier and would ask shareholders on

September 30 to approve a capital increase of up to €150

million.

(*) JUVENTUS

The Turin giants have signed Randal Kolo Muani from Paris St

Germain, the two clubs announced on Sunday as the France forward

returns to the Serie A side where he spent half a season on loan

last year.

Juventus also signed Bosnia and Herzegovina winger Kerim

Alajbegovic from Bayer Leverkusen for €30 million, the Serie A

club said on Sunday.

SALVATORE FERRAGAMO

Board meeting on first-half results, followed by conference

call.

DIARY

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 .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

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...............................FTEU3

DJ STOXX index.......................................STOXX

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................DJI Wall Street report ......N

Nikkei 225..............N225 Tokyo report.............T

FTSE 100................FTSE London report............L

Xetra DAX..............GDAXI Frankfurt market stories.F

CAC-40..................FCHI Paris market stories....PA

World Indices.....................................0#.INDEX

Reuters survey of world bourse outlook.........EQUITYPOLL1

Western European IPO diary..........................WEUIPO

European Asset Allocation........................EUR/ASSET

Reuters News at a Glance: Equities...............TOP/EQE

Main currency report:...............................FRX/

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