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 (*).
For a complete list of diary events in Italy please click on IT/DIA .
CORONAVIRUS
Italy registered 11,705 new coronavirus cases on Sunday, the health ministry said, up from the previous record of 10,925 posted the day before has approved a new stimulus package in its 2021 budget to foster an economic rebound from the recession caused by the coronavirus crisis, a government statement said on Sunday after a late-night cabinet meeting.
Among measures to support the health and education system, the government will set up a 4 billion euro ($4.7 billion) fund to compensate companies worst hit by coronavirus lockdowns. ATL.MI
The infrastructure group holds a board meeting at 1600 GMT the day after a deadline expired for exclusive talks with state lender CDP over the sale of its Autostrade per l'Italia unit.
CDP is expected to present an offer for 88% of Autostrade together with investment funds Macquarie and Blackstone (NYSE:BX) late on Monday, two sources with knowledge of the matter said, adding Atlantia could extend its board meeting to allow directors to evaluate the offer. CDP could use the tool of equity syndication to allow other institutional investors, including infrastructure fund F2i, to take part in Autostrade's deal, one of the sources said. F2i is advised by Intesa Sanpaolo (MI:ISP) on the deal.
The state lender will likely create a vehicle with Macquarie and Blackstone and possibly other Italian investors to submit a bid for Atlantia's stake in Autostrade, which will be valued at around 9 billion euros, Il Sole 24 Ore wrote on Saturday.
Several Italian newspapers reported that CDP may need more time to present an offer.
CDP's proposal values Atlantia's stake in Autostrade at 9 billion euros, La Repubblica said. The infrastructure group would pocket 7 billion euros from the sale of its shareholding, after a discount of 2 billion to take into account both legal risks related to the Genoa bridge collapse and debts owed to the state lender, La Repubblica said.
On Saturday Atlantia agreed to sell a minority stake in Telepass to transform the toll-road payment unit into a pan-European multi-service platform for consumers and businesses. ENEI.MI
Europe's biggest utility may agree the sale of its 50% stake in Italian broadband firm Open Fiber by the end of 2020, Il Sole 24 Ore reported on Saturday.
Australian fund Macquarie, which offered 2.65 billion euros for Enel 's stake in the broadband network last month, may increase its bid as it now values Open Fiber at 7.5 billion euros including debt, the Italian daily reported.
LEONARDO LDOF.MI
Chief Executive Alessandro Profumo should not quit after he was found guilty of false accounting in his previous role as Chairman of Banca Monte dei Paschi di Siena, Italy's Economy Junior Minister Antonio Misiani told news website Affaritaliani on Friday. The ruling can be appealed.
BANCA MONTE DEI PASCHI DI SIENA BMPS.MI
Italian Prime Minister Giuseppe Conte has given the green light to measures needed for a bad loan clean-up at the Tuscan bank and the eventual sale of the state-owned bank, a government official said. Sileoni, the head of Italy's biggest banking union FABI, told Il Sole 24 Ore on Sunday the sector's unions and Italy's ABI banking lobby stood ready to introduce new measures and encourage remote-working to protect bank staff if the healthcare situation worsened.
State-owned lender Monte dei Paschi said on Saturday it had adopted new measures to contain the spread of COVID-19 while continuing to operated, making its branches accessible to customers only by appointment as of Monday.
TENARIS TENR.MI
Tenaris agreed to form a joint-venture with Inner Mongolia Baotou 600010.SS to build a steel pipe premium connection threading plant in Baotou. Under the agreement, Tenaris will hold 60% of the joint-venture. ATMI.MI
The tollroad operator said on Friday it had won two tenders for concessions of motorway sections in Northern Italy. MEDIOLANUM BMED.MI
Trades ex-dividend of 0.34 euro per share as final dividend (interim dividend of 0.21 euro per share on Nov. 18, 2019).
INIZIATIVE BRESCIANE IB.MI
Starts capital increase; ends on Nov. 5.
DIARY
Enel ENEI.MI presents its new digital payment App "Enel X Pay" and its strategy for mobile banking services (0930 GMT).
Rome, Prime Minister Giuseppe Conte attends insurers' association ANIA annual meeting (0900 GMT).