Prudential holds on to Egg stake

Online bank Egg is to remain under the control of the Prudential after the insurer today called a halt to its seven-month search for a buyer.

Prudential holds on to Egg stake
Tue, 03 Aug, 2004 - 10:04

Online bank Egg is to remain under the control of the Prudential after the insurer today called a halt to its seven-month search for a buyer.

Prudential received interest from a number of parties for its 79% Egg stake but has now decided it could gain better value by staying put.

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CourtsBusinessHeathrowPlace: USPlace: UKPlace: FrancePlace: DerbyPlace: DudleyPlace: LondonPerson: Jonathan BloomerPerson: Paul GrattonOrganisation: PrudentialOrganisation: EggOrganisation: Capital OneOrganisation: MBNAOrganisation: Pru
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