Italian Stocks - Factors to watch on Aug 24

Mon Aug 24, 2009 12:00am EDT

 MILAN, Aug 24 (Reuters) - 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 (*).
 
 FIAT (FIA.MI)
 The Italian company's offer for Opel remains on the table
but won't be changed, Chairman Luca di Montezemolo reiterated to
Il Sole 24 Ore on Sunday. German Chancellor Angela Merkel
expressed her regret that General Motors [GM.UL] had failed to
choose a buyer and said a decision was "urgently" needed for the
carmaker's future. [ID:nLN605270]
 
 Jim Press, deputy chief executive of Chrysler LLC in which
Fiat has a 20 percent stake, plans to leave by November, two
people briefed on the discussions said. [ID:nN2170589]
 
 Fiat could consider launching its Panda model in the United
States, Corriere della Sera newspaper said on Sunday, without
quoting any sources. The newspaper also said Fiat's agricultural
equipment maker CNH was considering barter deals involving grain
or cereals for sales in Ukraine and Russia. Fiat could not be
reached for comment.
 
 BANCA MONTE DEI PASCHI DI SIENA (BMPS.MI)
 The foundation that controls 49 percent of the bank has no
plans to reduce that and is against any takeover, its chairman,
Gabriello Mancini, told Il Sole 24 Ore newspaper on Saturday.
"We don't want the bank to be vulnerable to takeover," he said
in an interview with the newspaper. He added that the foundation
would not support any further capital increase "which won't
happen anyway, because the bank doesn't need it."
 
 ATLANTIA (ATL.MI)
 The toll road operator is considering a reorganisation of
its interests in Chile with compatriot Sias which could lead to
a listing of them on the Santiago bourse, Il Sole 24 Ore said on
Sunday, quoting "market rumours." Atlantia could not be reached
for comment.
 
 SMALL AND MID-CAPS
 
 INVESTMENTS
 Private equity fund Carlyle thinks there will be buying
opportunities in the next six months, its director-general Marco
De Benedetti told Corriere della Sera newspaper on Sunday. "In
the next six months, or round about two years, there will be
great opportunities for anyone with the cash. We are looking at
various options in industrial sectors. The future is for smaller
deals, perhaps, and without too much debt," De Benedetti said.
 
 RISANAMENTO (RN.MI)
 Its adviser Banca Leonardo will discuss a rescue plan with
creditor banks including UniCredit, Intesa Sanpaolo and Banca
Monte dei Paschi di Siena on Monday, Il Messaggero reported on
Saturday. The plan includes sale of one Milan construction site
within three years for 450 million euros and bringing in a
minority partner for another, Il Messaggero added, without
citing sources. Bourse regulator Consob could decide by the end
of August whether to extend an exemption for banks from making a
public offer, La Stampa newspaper said on Saturday. Risanamento
could not be reached for comment.
 
 DANIELI (DANI.MI)
 The foundry equipment maker won a $213 million contract to
build a steel plant in Saudi Arabia. [ID:nLM40887]
 
 MANAGEMENT & CAPITALI (MACA.MI)
 The fund said it had not received any expression of interest
for its stake in German packaging company Treofan.
 
 





































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