UniCredit close to 1.2 bln euro bad loan sale to Anacap -source

September 28, 2015 11:17 AM

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MILAN, Sept 28 UniCredit is close to selling 1.2 billion euros ($1.34 billion) worth of bad loans to private equity firm Anacap Financial Partners, a source close to the matter said on Monday.

Speaking on the sidelines of an event in Milan, UniCredit CEO Federico Ghizzoni said there were talks ongoing, but did not give details.

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