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 (*).

DEBT

Treasury to announce details of the next BOT auction, ahead

of the July 29 semi-annual BOT sale.

COMPANIES

(*) POSTE ITALIANE

The financial conglomerate, whose cash-and-share offer to

buy former phone monopoly Telecom Italia started on

Monday, said it would present early next year a strategic plan

for the combined entity.

It reported an adjusted operating profit of €868 million for

the second quarter, little changed from a year earlier and above

an €841 million forecast in an analyst consensus compiled by the

company.

The group will hold a conference call at 0900 GMT.

ENI

The Italian government has established a €120 million fund

for the 2028-2030 period under the Competition Bill approved on

Thursday to support fuel-station operators that convert their

sites into electric-vehicle charging hubs or biofuel production

facilities, the Environment Ministry said in a statement. The

scheme offers grants of up to €60,000 per operator, covering up

to 50% of eligible conversion costs, it added.

(*) STMICROELECTRONICS

The Franco-Italian chipmaker will invest about €2.4 billion

in the Sicilian city of Catania between 2026 and 2028 to expand

its 8-inch silicon carbide capacity and €1.4 billion in Agrate

Brianza, where it aims to raise output to 8,000 wafers per week

by end-2027, CEO Jean-Marc Chery told daily La Repubblica in an

interview published on Friday.

(*) THE ITALIAN SEA GROUP

Yachtmaker Azimut Benetti has already signed an NDA and is

reviewing data on The Italian Sea Group as it considers buying

some assets from its struggling rival, daily La Repubblica

reported on Friday, citing potential interest also from a German

naval construction group and from Blackstone's Safe Harbour

Marinas.

The Italian Sea Group is also working on a plan to create a

yachting manufacturing hub in the Tuscan town of Carrara

involving one or two players and potentially including

Sanlorenzo, the report added. The hub would retain

TISG's brands, the concession and the shipyard's management and

would also be open to the group's suppliers, it said.

(*) MARE ENGINEERING

The engineering company said on Friday it would expand its

aerospace & defence drone supply chain by acquiring CTMAVIO, a

manufacturer of engines, aircraft and drones for €9 million.

(*) IPO

Consultinvest, a financial advisory and asset management

company, is considering an IPO on the Milan stock exchange,

daily MF reported on Friday.

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/