ISTAT releases November retail sales data (0900 GMT).
Italy’s Treasury said on Monday it would offer up to 7 billion euros in BTP bonds on Jan. 13. read more
BANCA CARIGE (CRGI.MI), BPER BANCA (EMII.MI)
The Italian banking fund that owns Carige following a 2019 rescue on Monday picked BPER Banca to negotiate a sale it hopes will end a seven-year crisis at the ailing lender. read more
BPER said it had lowered its capital request to 530 million euros while still targeting capital neutrality and a significant boost to earnings per share from 2023 under its latest offer for Carige.
TELECOM ITALIA (TIM) (TLIT.MI)
Telecom Italia (TIM) General Manager Pietro Labriola will present a draft new business plan to revamp the former phone monopoly to board directors at a scheduled meeting on Jan.18, two sources familiar with the matter said on Monday.
KKR (KKR.N) approached Saudi Arabia sovereign wealth fund PIF as it seeks co-investors to join its proposed buyout of TIM, Bloomberg News reported.
ENI , ENEL , SNAM (SRG.MI)
Italian Prime Minister Mario Draghi on Monday reiterated the government could introduce a windfall tax on energy companies which are profiting from high prices. read more
BRUNELLO CUCINELLI (BCU.MI)
The Italian luxury group posted on Monday a 31% increase in 2021 revenue at current exchange rates, in line with its latest guidance and a touch above market expectations, after the pandemic triggered a 10% drop in 2020. read more
Italy’s biggest utility said on Monday its Enel Finance International unit had placed a triple-tranche 2.75 billion euro bond to help it reach its goal to cut emissions and have sustainable finance sources account for 65% of gross total debt in 2024.