US firm 'set to win internet bank auction'

US credit card firm MBNA is believed to be winning the auction to buy internet bank Egg, it was reported today.

US firm 'set to win internet bank auction'

US credit card firm MBNA is believed to be winning the auction to buy internet bank Egg, it was reported today.

The group is expected to table an offer for insurance giant Prudential’s 79% stake in the business of slightly above Egg’s 160p a share flotation price.

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