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An anonymous US donor has given a Picasso painting to the University of Sydney on the condition that the proceeds from its sale are used to fund scientific research.
The 1935 painting, Jeune Fille Endormie, depicts Picasso's lover, Marie-Thérèse Walter, and it is anticipated the work could fetch £12m at auction at Christie's in London in June.
The portrait was donated last year by someone in the US who requested anonymity, said the university's vice-chancellor, Michael Spence.
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