The following factors could affect Italian markets on XXX.

Reuters has not verified the newspaper reports, and cannot vouch

for their accuracy. New items are marked with (*).

DEBT

Treasury offers a new BTP wtih a 3% coupon, due September

15, 2029, for up to 4 billion euros.

COMPANIES

UNICREDIT

UniCredit is aware of the concerns expressed by Commerzbank

about take-up data in the Italian bank's hostile

takeover offer for the German rival, but they do not change the

facts, a person close to UniCredit said on Wednesday.

MONTE DEI PASCHI DI SIENA (MPS), INTESA SANPAOLO

, UNIPOL, BANCO BPM, GENERALI

Italy needs to cut its residual stake in bailed-out MPS and

will back whichever constitutes the best merger deal between the

rival proposals on the table, Economy Minister Giancarlo

Giorgetti said on Wednesday.

(*) Intesa Sanpaolo shareholder Compagnia di San Paolo backs

the bank's bid MPS, the chairman of the banking foundation,

Marco Gilli, told daily La Stampa on Thursday.

(*) Antitrust concerns could represent the main weakness of

Intesa Sanpaolo's bid for MPS and could be a potential line of

defence for MPS CEO Luigi Lovaglio, La Repubblica reported on

Thursday.

(*) Asked about the potential impact of the bid by Intesa

for MPS, the country manager and CEO of Generali Italia,

Giancarlo Fancel, told La Stampa that the insurer remained

focused on executing its strategic plan, which is delivering

positive results, and on long-term value creation.

(*) Intesa's swoop on MPS bears the hallmarks of Chief

Executive Carlo Messina's approach: meticulously prepared with

loyal allies, and with buy-in from the government in Rome.

SAIPEM

The Italian energy services group said on Wednesday it had

won a €900 million onshore contract for a gas compression plant

project in Saudi Arabia.

TELECOM ITALIA

The Italian telecoms group said on Wednesday that the new

shares resulting from the 1-for-10 reverse stock split will be

listed from June 15.

FERRETTI

KKCG Maritime, the Czech investor in the Italian yachtmaker,

said on Wednesday it had filed a legal challenge seeking the

urgent suspension of key resolutions adopted at the latest

shareholder meeting, including the appointment of the board.

(*) Ferretti said on Thursday it would seek legal advice to

defend its position, adding that business would continue as

normal.

(*) INWIT

Morgan Stanley started coverage of the tower operator with

an 'equalweight' rating and a target price of €7.

DIARY

Rome, Prime Minister Giorgia Meloni addresses the Chamber of

Deputies (0700 GMT) and the Senate (1315 GMT) ahead of the June

18-19 EU summit.

Luxembourg, Economy Minister Giancarlo Giorgetti takes part

in Eurogroup meeting.

Rome, hearing of Unipol Chair Carlo Cimbri and CEO

Matteo Laterza before the parliamentary commission of inquiry

into the banking, financial and insurance systems (0930 GMT).

Rome, Palantir ( PLTR ) co-founder Peter Thiel speaks at the

Salone Borromini of the Biblioteca Vallicelliana (1230 GMT).

Rome, Luiss Diplomatic and Security Forum "The Strategic

Mediterranean", with Foreign Minister Antonio Tajani and other

speakers (1230 GMT).

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/