Italy - Factors to watch on October 27

The following factors could affect Italian markets on Tuesday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

POLITICS

Italy's government aims to approve the 2027 budget on Wednesday, coalition sources said on Monday, while Rome is still negotiating with EU authorities on the so-called "National escape clause" from the bloc's budget rules.

The NEC currently allows temporary higher deficits for investments on defence and the green energy transition, but Rome also wants to use the extra budget leeway to help families cope with surging energy costs.

DEBT

Treasury holds a bond auction for up to €3.5 billion.

The Treasury said on Monday it would sell up to €7.75 billion in bonds at October 29 auction.

COMPANIES

IVECO IVG.MI

India's Tata Motors TATM.NS takeover bid for the Italian truck maker has cleared the 80% acceptance threshold, reaching 87.8% on the last day of the offer, an Italian stock market filing showed on Monday. The offer is set to be reopened during November 2-6, Iveco added.

RECORDATI RECI.MI

The takeover offer by CVC CVC.AS and Belgian investment firm GBL GBLB.BR, which ended on Friday, will reopen during November 3-9, with the offerors still paying €53 per tendered share, Recordati said on Monday.

UNIPOL UNPI.MI

The insurer said that 98.42% of its planned €2.5 billion capital increase was subscribed at the end of the offer on Monday, for an aggregate amount of €2.46 billion. The capital hike is to finance the acquisition of branches from Monte dei Paschi di Siena BMPS.MI should Intesa Sanpaolo's ISP.MI bid for the Siena-based bank succeed.

IREN IREE.MI

The utility company presents its 2026-2035 business plan (1300 GMT).

MAIRE MTCM.MI

Releases Q3 results, followed by conference call (1630 GMT).

FERRETTI YACHT.MI

Releases Q3 results.

DIARY

Rome, Forum Moneta conference with Economy Minister Giancarlo Giorgetti, Eni ENI.MI CEO Claudio Descalzi, Terna TRN.MI CEO Pasqualino Monti, Snam SRG.MI CEO Agostino Scornajenchi, Intesa Sanpaolo ISP.MI CEO Carlo Messina, Stellantis' STLAM.MI Europe chief Emanuele Cappellano, Enel ENEI.MI CEO Flavio Cattaneo, Poste PST.MI CEO Matteo Del Fante, Edison EDNn.MI CEO Nicola Monti (0800 GMT).

Milan, inauguration of A2A's A2.MI new primary electricity substation in Comasina (0900-1800 GMT).

Milan, Great Wall Motor Tech Day on the group's technologies and European growth strategy (1000-1600 GMT).

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

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

Xetra DAX..............GDAXI Frankfurt market stories.F

CAC-40..................FCHI Paris market stories....PA

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/