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Italy to change contested legislation on corporate governance rules

UPDATE 1-Italy to change contested legislation on corporate governance rules Adds details and background By Giuseppe Fonte ROME, Oct 8 (Reuters) - Italy intends to ch ange part of a contested l aw on corporate governance rules that has triggered criticism from asset managers and financial companies , Economy Minister Giancarlo Giorgetti said on Tuesday.
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Net inflows at Italian asset gatherers up 3% y/y in September

REFILE-Net inflows at Italian asset gatherers up 3% y/y in September Repeats to additional subscribers By Alessandro Parodi and Alberto Chiumento MILAN, Oct 8 (Reuters) - Italy's five listed asset gatherers reported combined net inflows of 1.31 billion euros ($1.44 billion) for September, up 3% from 1.27 billion euros in the same month of 2023. Net inflows into more lucrative assets under management (AuM) rose to a combined 1.25 billion euros, up from 353.8 million last year, data showed.
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Italy - Factors to watch on October 7

Italy - Factors to watch on October 7 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 (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY Italy plans to raise taxes on large companies such as e-commerce groups as it looks for ways to collect additional cash for state finances, a Treasury official said on Friday.
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Italgas signs $5.8 bln deal to buy smaller rival 2i Rete Gas

UPDATE 2-Italgas signs $5.8 bln deal to buy smaller rival 2i Rete Gas Adds advisers for 2i Rete Gas' shareholders in paragraph 9 By Francesca Landini MILAN, Oct 5 (Reuters) - Italy's biggest gas distributor Italgas IG.MI said on Saturday it had agreed to buy smaller rival 2i Rete Gas in a 5.3 billion euro ($5.8 billion) deal, including debt. A merger would mark a major step in the consolidation of Italy's gas distribution sector and also create a leading player in Europe, Italgas CEO Paolo Gallo
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Italy hires banks as global coordinators, bookrunners in Poste stake sale

Italy hires banks as global coordinators, bookrunners in Poste stake sale ROME, Oct 4 (Reuters) - Italy's Treasury said on Friday it had hired Intesa Sanpaolo, Mediobanca, UniCredit, Citi, Deutsche Bank and JPMorgan as global coordinators for the sale of around 14% stake in postal service Poste Italiane PST.MI . Barclays, BNP Paribas, Morgan Stanley, Société Generale and UBS will act as bookrunners, the Treasury said in a statement.
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