The following factors could affect Italian markets on Wednesday.
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 .
COMPANIES
RCS MEDIAGROUP RCSM.MI
RCS Mediagroup RCSM.MI has sealed a multi-year deal with Google GOOGL.O to offer access to some of its dailies on the U.S. tech giant's Showcase news platform, Corriere della Sera newspaper, owned by the Italian publisher, said on Wednesday. LEONARDO LDOF.MI
Leonardo LDOF.MI has postponed the initial public offering of its U.S. electronics unit DRS DRS.N as adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday. ENEI.MI , TELECOM ITALIA (TIM) TLIT.MI
Negotiations between Australian fund Macquarie and Italian state lender Cassa Depositi e Prestiti over the governance of Italian broadband company Open Fiber are stalling, La Repubblica reported on Wednesday. The stalemate is hampering a project to merge Open Fiber's network assets with those of Italy's former phone monopolist Telecom Italia TLIT.MI , the daily said.
JUVENTUS JUVE.MI , LAZI.MI , AS ROMA ASR.MI
Serie A on Tuesday lacked the required majority to award sport streaming app DAZN the rights to screen Italy's top flight soccer league matches over the 2021-2024 seasons, sources close to the matter said. Serie A said in a statement the clubs would reconvene on Friday to discuss the deal. DAZN offered some 850 million euros per season to secure the rights to screen all Serie A matches over the next three seasons.
(*) EUROTECH E5T.MI
CEO Roberto Siagri has resigned, effective immediately, the company said, adding it granted, ad interim, the necessary powers for the management of the company to Chairman Patrizio Mapelli. banking lobby ABI said on Tuesday it had written to the Treasury asking it to widen the GACS bad loan scheme which is in the process of being extended to include "unlikely-to-pay" (UTP) loans. According to a government source, Rome remains opposed to this option. Stock Exchange continues "Virtual STAR Conference - Spring edition"; ends on March 25.
PIRELLI & C PIRC.MI
Ordinary and extraordinary shareholders' meetings (1400 GMT).
POSTE ITALIANE PST.MI
Board meeting on FY results (preliminary results on Feb. 16).
TERNA TRN.MI
Board meeting on FY results, followed by conference call (1500 GMT).
HERA HRA.MI
Board meeting on FY results.
TECHNOGYM TGYM.MI
Board meeting on FY results, followed by conference call.
CATTOLICA ASSICURAZIONI CASS.MI
Board meeting on FY results, press release on March 25.
DIARY
Minister for the South Mara Carfagna online listening campaign "SUD - Restarting projects" ends (0830 GMT). Expected attendees include mayors of metropolitan cities, UPI President Michele De Pascale, Ministry for the South Undersecretary Dalila Nesci, Cabinet Undersecretary Bruno Tabacci; Economy minister Daniele Franco delivers closing address.
Online event on "Reshape the world" with employers' association Confindustria President Carlo Bonomi, with Banco BPM BAMI.MI CEO Giuseppe Castagna, Leonardo LDOF.MI CEO Alessandro Profumo, Italy's Space Agency President Giorgio Saccoccia, Simest President Pasquale Salzano, Autostrade per l'Italia CEO Roberto Tomasi; Industry Minister Giancarlo Giorgetti (1530 GMT).
Auto industry association ANFIA, Italian federation of car dealers Federauto and foreign car makers' association UNRAE hold online news conference on "Driving the ecological transition. Revitalising the automotive industry for sustainable mobility" with respective presidents Paolo Scudieri for ANFIA, Adolfo De Stefani Cosentino for Federauto, Michele Crisci for UNRAE (1000 GMT).
Rome, Prime Minister Mario Draghi speaks ahead of the EU Council to be held on March 25-26 before Senate (0800 GMT) and Chamber of Deputies (1430 GMT).
Rome, Chamber of Deputies Speaker Roberto Fico receives Transport Minister Enrico Giovannini (0900 GMT).
Rome, Ambassador of China to Italy Li Junhua informally speaks via videoconference before Chamber of Deputies Foreign Affairs and Defence committees on the priorities of the Italian G20 presidency (1330 GMT).
Rome, Chamber of Deputies Budget Committee meets on proposed National Recovery and Resilience Plan.