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ABN Amro close to sale of Fiorentina

ABN Amro could finalise the sale of Fiorentina, the cash-strapped Italian football club, before the Christmas break, according to sources close to the negotiations.

The Dutch Bank is advising the Cecchi Gori Group, owner of Fiorentina, on a possible sale to a group of businessmen led by Piero Barucci, the former Italian finance minister.

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