Summary
US credit card firm MBNA is believed to be winning the auction to buy internet bank Egg.
The group is expected to table an offer for Prudential's 79 per cent stake in the business of slightly above Egg's 160p a share flotation price.See the full content of this document
Extract
Card Firm Winning Auction for Online Bank
If MBNA does go ahead with an offer above this level, it would value Egg at mo...
See the full content of this document
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