Italian Stocks - Factors to watch on Aug 24
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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