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Italy’s Banco BPM has no information about potential UniCredit bid

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© Reuters. FILEPHOTO: On January 29th 2016, a woman walks past the Banca Popolare di Milano Bank (BPM), in Milan. REUTERS/Alessandro Garofalo/File Photo

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MILAN (Reuters – Italy’s Banco BPM is yet to receive information regarding a possible offer from UniCredit. This was confirmed by a close source.

Banco BPM shares rose on Friday following renewed speculation about UniCredit CRDI.MI, an Italian competitor.

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