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Financials

BRIEF-Banco BPM close to picking buyer for 1.8 bln euros in bad loans - CEO

Dec 13 (Reuters) - Banco BPM CEO Giuseppe Castagna says:

* HAS RECEIVED SEVERAL BINDING OFFERS FOR 1.8 BILLION EURO BAD LOAN PORTFOLIO, WILL PICK BUYER IN NEXT FEW DAYS

* ANY POSSIBLE UPDATE TO BANK’S NPL DISPOSAL PLAN WILL BE DISCUSSED IN FEBRUARY WHEN FY RESULTS ARE APPROVED Further company coverage: (Reporting by Milan Newsroom)

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