The following factors could affect Italian markets on Thursday.
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 .
POLITICS
Italian Prime Minister Giuseppe Conte unveiled his new cabinet on Wednesday, uniting two rival political parties in an unlikely coalition that is expected to improve ties with the European Union and adopt a softer stance on immigration. The team of ministers will be sworn into office on Thursday morning by President Sergio Mattarella. Gualtieri, an influential member of the European Parliament from the Democratic Party (PD), will be economy minister in Italy's new government, Conte said. newly formed government could pave the way for important policy shifts easing the pressure on the country's downgrade-threatened credit rating, agency S&P Global said on Wednesday. MS.MI , MEDIASET ESPANA TL5.MC , VIVENDI VIV.PA
Shareholders in the Italian broadcaster on Wednesday backed a plan to create a pan-European media group under a new Dutch holding, fending off opposition from its second biggest shareholder Vivendi . Mediaset's board approved the purchase of up to 50 million euros of its Spanish listed subsidiary, the Milan-based group said on Wednesday. EXOR.MI
At end-June Exor's net asset value stood at $23.88 billion compared to $19.74 billion at end-2018, the Agnelli family's holding company said in a statement on Wednesday. JUVE.MI
The Turin-based soccer club reported a net loss of around 40 billion euros in 2018/2019 fiscal year, according to a calculation made by daily Il Sole 24 Ore and based on parent company Exor's results released on Wednesday. That compares with a net loss of 19.2 million euros in 2017/2019.
A consortium between Italy's biggest regional utility A2A and Czech energy group EPH has been shortlisted for the acquisition of some assets of the Italian energy company Sorgenia, MF daily reported on Thursday. Potential buyers include Italian utility Iren and British wholesale power generation firm Contourglobal GLO.L .
ATLANTIA ATL.MI , ALITALIA (unlisted)
State railways Ferrovie will ask for a seven-day extension of a deadline, currently set on Sept. 15, to officially present a rescue offer for the ailing airline with infrastructure group Atlantia and U.S. carrier Delta DAL.N , daily Il Messaggero said. Ferrovie and Atlantia are close to an agreement with Delta on how the two carriers would share routes from Italy to the U.S., the report added.
(*) ASTM ATM.MI , SIAS SIS.MI
The combined entity of the two toll motorway operators will distribute a dividend worth 60% of its net results, according to the slides published on Astm's website on Thursday. CNH INDUSTRIAL CNH.MI
Fitch does not see any immediate rating impact from the decision of the industrial vehicle maker to split in two and list its truck, bus and engine division, the rating agency said on Thursday.
FTSE ITALIA INDEXES
GUALA CLOSURES GLC.MI and OVS OVS.MI will replace CAIRO COMMUNICATION CAI.MI and BIESSE BSS.MI in Italy's FTSE Italia Mid Cap index as of Sept. 23, FTSE Russell said on Wednesday, adding there are no changes in the Italian blue-chip FTSE Mib index.
DIARY
Milan, Milan Stock Exchange ends 'Italian Equity Week' "Infrastructure Day" (0700 GMT). Expected attendees include A2A A2.MI CEO Valerio Camerano, Enel ENEI.MI CFO Alberto De Paoli, Italgas IG.MI CEO Paolo Gallo, Salini Impregilo SALI.MI Corporate and Finance Group Managing Director Massimo Ferrari (NYSE:RACE), Snam SRG.MI CEO Marco Alvera, Open Fiber CEO Elisabetta Ripa.
Milan, the National Chamber for Italian Fashion holds news conference to present "Milano Moda Donna" which will held on Sept. 17-23 (0900 GMT).