Italy - Factors to watch on June 11

The following factors could affect Italian markets on Wednesday.

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 Giorgia Meloni snubbed a referendum on easing citizenship laws but has emerged stronger from the vote as the leftist opposition failed to mobilise mass opposition to her right-wing government after nearly three years in power.

ECONOMY

Bank of Italy releases April data on Italian residents deposits with domestic banks, banks lending to non-financial companies and gross bad loans at Italian banks.

DEBT

Treasury sells 8.5 billion euros 12-month BOT bills. Subscriptions close at 0900 GMT.

COMPANIES

UNICREDIT CRDI.MI, BANCO BPM BAMI.MI

UniCredit is expected to win European Union antitrust approval for its Banco BPM takeover bid after offering to sell 206 branches to ease competition concerns, people with direct knowledge of the matter said on Tuesday.

PRYSMIAN PRY.MI

The world's largest cable maker will revise guidance on July 31 including Channell's contribution, it said on Tuesday, as it completed the acquisition of the U.S. connectivity device manufacturer for $950 million.

STELLANTIS STLAM.MI

Stellantis has expanded its voluntary redundancy scheme for Italy, affecting almost 700 workers at two plants in the south of the country, the carmaker said on Tuesday, bringing to almost 2,500 the planned workforce reduction this year.

TECHNOPROBE TPRO.MI

(*) Leading shareholder T-Plus, the holding of the Crippa family, has completed the placement of 10 million ordinary shares, equal to 1.53% of the capital, at a price of 7 euros per share. The holding had announced on Tuesday the sale of up to 16.3 million shares, equal to a 2.5% stake, through an accelerated bookbuilding procedure.

MEDIA

Italy's advertising spending grew 2.2% in April, research agency Nielsen said on Tuesday.

JUVENTUS JUVE.MI, LAZIO LAZI.MI

Italy plans to remove a ban on Italy's Serie A top flight soccer league selling its domestic broadcast rights to a single buyer, a draft government bill seen by Reuters showed, marking a major overhaul of media rules for live sports events.

DIARY

UniCredit CRDI.MI CEO Andrea Orcel gives speech at Goldman Sachs "29th European Financials Conference" in Berlin (0645 GMT).

Rome, Parliamentary Budget Office (UPB) President Lilia Cavallari presents '2025 Budget Policy Report' (0830 GMT); Economy Minister Giancarlo Giorgetti delivers closing address.

Rome, event 'Telco for Italy' on "Beyond the networks: from TelCo to TechCo to build the future of Italy" (0730 GMT); expected attendees include Cabinet Undersecretary for Innovation and Digital Alessio Butti, Telecom Italia (TIM) TLIT.MI CEO Pietro Labriola, head of iliad's Italian business Benedetto Levi, INWIT INWT.MI Director General Diego Galli.

Rome, trade association Confcommercio-Imprese per l'Italia holds general assembly (0830 GMT); video message by Prime Minister Giorgia Meloni, Industry Minister Adolfo Urso gives speech.

Rome, welfare institute INPS holds event on networking for inclusion (0800 GMT); INPS President Gabriele Fava delivers closing address.

Rome, Iren Group IREE.MI Chairman Luca Dal Fabbro presents his book "Protecting the Future" (0930 GMT); expected attendees include Environment and Energy Security Minister Gilberto Picchetto Fratin.

Milan, EU Commission Executive Vice President Teresa Ribera attends annual conference "A Bolder European Union: Today's challenges in the spirit of the 1985 Milan European Council" organised by the Institute for European Policymaking at Bocconi University.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
brackets:

European Equities speed guide...................EUR/EQUITY

FTSEurofirst 300 index...............................FTEU3

DJ STOXX index.......................................STOXX

Top 10 STOXX sectors............................PGL.STOXXS

Top 10 EUROSTOXX sectors.......................PGL.STOXXES

Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

Top 25 European pct gainers........................PG.PEUR

Top 25 European pct losers.........................PL.PEUR

Main stock markets:

Dow Jones................DJI Wall Street report ......N

Nikkei 225..............N225 Tokyo report.............T

FTSE 100................FTSE London report............L

World Indices.....................................0#.INDEX

Reuters survey of world bourse outlook.........EQUITYPOLL1

Western European IPO diary..........................WEUIPO

European Asset Allocation........................EUR/ASSET

Reuters News at a Glance: Equities...............TOP/EQE

Main currency report:...............................FRX/