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Italy - Factors to watch on August 23

The following factors could affect Italian markets on Friday.

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

POLITICS

Cabinet meets on public administration reform and short term workers.

ECONOMY

Treasury announces sale of BOTs, short-term bills, with relative amounts to be auctioned on August 28.

COMPANIES

PARMALAT

Italian dairy group Parmalat may buy a stake in bankrupt Brazilian dairy conglomerate Lacteos Brasil SA LBR, one of LBR's main shareholders said on Thursday. In a statement on Thursday Parmalat said exclusive talks were under way with Lacteos.

* UNIPOL, MEDIOBANCA

The 3.83 percent stake the insurer owns in investment bank Mediobanca and which it must sell as part of a deal to merge with peer Fondiaria could be sold to institutional investors via a placement and not to other investors in the bank's shareholder pact, Il Sole 24 Ore said. The paper said the hope was that the stake could be sold by the end of the year.

* BANCA CARIGE

The bank could try to sell up to 49 percent in its private bank Cesare Ponti or stakes in small local banks it owns as part of a plan to strengthen its capital base, MF said, without citing sources. * D'AMICO

The group is set to commission from China shipyard Yang-fan six bulk carriers for around $150 million, MF said.planning to invest

AUTOGRILL

The highways group said its investor day to present retailing spin off World Duty Free Group (WDFG) has been delayed to Sept. 10 from Sept. 9.

Milan bourse after-hours trading closed.

For more details on today's events please see the full agenda in Italian.

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

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

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

FTSE IT allshare index

FTSE Mib index........

FTSE Allstars index...

FTSE Mid Cap index....

Block trades..........

Stories on Italy...... <IT-LEN>

For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................