Italy – Factors to watch on April 16

MILANO, April 16 (Reuters) – 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 (*).

For a complete list of diary events in Italy please click on .

UNICREDIT

Italy’s top bank UniCredit and two subsidiaries have agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.

UniCredit says the penalties in the sanctions probe were fully covered by provisions with resources that would be released to boost the P&L and core capital.

TELECOM ITALIA

French media conglomerate Vivendi remains confident of achieving “success” in Italy, the company’s executive chairman Arnaud de Puyfontaine told Vivendi’s annual shareholder meeting on Monday.

FIAT CHRYSLER

BMW could include Intel, Mobileye and FCA in a new autonomous driving alliance, Chief Financial Officer Nicolas Peter said at the Shanghai Autoshow on Tuesday.

MEDIASET

Simon Fiduciaria, a trust company which holds part of Vivendi’s stake in Mediaset, plans to take part in the Italian broadcaster’ annual general meeting scheduled for April 18, a spokeswoman for the trust told Reuters on Monday.

A2A, ASCOPIAVE

A2A and three other smaller utilities said they had made a joint non-binding bid for Ascopiave’s power and gas retail and gas distribution assets.

According to Il Sole 24 Ore and MF other bidders include Italian utility Hera, EDF’s Italian unit Edison, Italian oil major Eni and gas supplier Italgas as well as France’s Engie.

TENARIS

The steel company said that an Argentinian appeals court had overturned a preliminary decision over Chairman and CEO Paolo Rocca in the “notebooks” corruption case, finding insufficient grounds to link Rocca with the proceedings. Further investigation into the payments and their alleged justifications

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