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Italy - Factors to watch on November 21

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 (*).

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

POLITICS

Cabinet meeting (0730 GMT).

ECONOMY

ISTAT releases October wage inflation data (0900 GMT).

DEBT

The Italian Treasury said on Thursday it was cancelling some scheduled bond auctions in November and December due to ample cash levels and reduced funding needs.

Treasury announces sale of BOT bills, with relative amounts to be auctioned on Nov. 26.

COMPANIES

*TELECOM ITALIA, AMERICAN TOWER

Telecom Italia will likely sell the mobile phone towers of its Brazilian unit to American Tower Corp for almost the full targeted amount of 900 million euros ($1.1 billion), two sources familiar with the situation told Reuters.

Telecom Italia Chief Executive Marco Patuano is expected to propose at a Friday board meeting that the best option for the company's Brazilian mobile business is to pursue an acquisition of rival Oi, 3 people close to the matter said.

The group holds a board meeting on Friday to discuss options in Brazil.

FIAT CHRYSLER AUTOMOBILES

U.S. government safety regulators on Thursday told Chrysler Group LLC Chief Executive Sergio Marchionne that the company "have to get their act in gear" to speed up repairs of recalled Jeep SUVs that face a heightened fire risk.

*ENEL, ENDESA

Italy's Enel said on Friday it would raise up to 3.1 billion euros ($3.9 billion) from the sale of shares in its Spanish subsidiary Endesa in what is one of Spain's biggest stock placements in seven years.

Stmicroelectronics

Shares in the company are expected to open 2-3 percent lower as traders cite a Bloomberg article quoting the CEO saying profit targets may take longer to reach.

FIAT CHRYSLER

The vice-president of the carmaker Scott Kunselman said it has been actively engaged since April 2013 with Takata <7312.T) and U.S. authorities to solve problems related to a recall of airbags.

UNICREDIT

The bank has re-admitted Lone Star to the process to buy its UCCMB bad debt unit after the exclusive talks period with the Prelios-Fotress consortium expired, Il Messaggero said. It said a board meeting had been called on Dec. 4.

EI TOWERS, RAI WAY

Telecom group Wind will raise the number of telecom towers it is selling to 6,300 from 5,800, Corriere Della Sera said. EI Towers and Rai Way are interested in the sale.

INDESIT

Whirlpool Italia Holdings S.r.l. ends mandatory takeover offer on Indesit shares.

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>

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