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Thursday June 14, 3:04 PM

Italian Stocks - Factors to watch on June 14

MILAN, June 14 (Reuters) - 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 (*).

GEMINA

Shares in Australian investment fund Macquarie Airports were placed on a trading halt on Thursday ahead of an expected 1.2 billion euro ($1.6 billion) deal to sell its interests in Rome's two main airports.

Macquarie Airports said it requested the trading halt for two working days ahead of a "significant announcement".

The shares earlier jumped 3.5 percent on reports holding company Gemina has made an informal offer to buy out its 45 percent stake in the operator of Rome's two main airports.

For a story, double click on [nSYB79281]

FINMECCANICA

A team led by L-3 Communications Holdings has won a contract worth up to $2 billion to supply as many as 78 cargo aircraft to the U.S. Army and Air Force, the U.S. Department said on Wednesday.

The L-3 team includes Boeing and Alenia North America, a unit of Italy's Finmeccanica, as well as Rolls-Royce Plc and Honeywell International .

For a story, double click on [nN13400862]

* FIAT

New car registrations in Europe fell for the fourth month in a row in May, down 1.6 percent to 1,442,518 units, due to a decline in major markets like Germany, the region's car makers association ACEA said on Thursday.

Among the region's major manufacturers, Fiat rose the most, up 5.7 percent.

For a story, double click on [nMAT006917]

*ABERTIS , ATLANTIA , APRR

Spanish toll-road operator Abertis could be working toward a three-way partnership with Italy's Atlantia and France's Autoroutes Paris Rhin Rhone (Finanza & Mercati)

* PARMALAT

The dairy group could offer about 1 billion euros for Russian infant food company Nutritek (Finanza & Mercati)

INTESA SANPAOLO , CARIFIRENZE

Takeover talks between Italy's Intesa Sanpaolo and smaller bank CariFirenze have hit a snag over governance, sources said.

For a story, double click on [nL12146812]

INTESA SANPAOLO, BANCA FIDEURAM

Consultants for Intesa Sanpaolo say the bank should give up plans to list insurance and asset management unit Eurizon and design a new strategy for asset manager Banca Fideuram, which has drawn signs of interest from private equity funds (Il Sole 24 Ore)

BREMBO

Brake systems maker Brembo's core profit margins could be flat or slightly lower this year if prices for raw materials remain high, its chief financial officer said.

For a story, double click on [nL13533650]

ENEL

Italian power company Enel sold 5 billion euros ($6.7 billion) of bonds on Wednesday in the biggest corporate debt sale in Europe for 18 months.

For a story, double click on [nL13819495]

ALITALIA

Bidder Air One has complained to the Italian Treasury about lack of data in the privatisation of ailing flag carrier Alitalia (Il Sole 24 Ore)

 


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