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Egg could float as early as summer

Prudential&#39s online operation Egg is insisting it will float in the near future, despite recent volatility in the technology sector.


Last February, the company announced plans to float around 25 per cent of its equity, but failed to confirm a date, and has still to do so.


But chief executive Mike Harris says that the venture could launch its initial public offering as early as this summer depending on the conditions on the market.


The most recent activity of the company saw it jointly announce plans to launch the first ever combined credit and loyalty card with the drugstore chain Boots.

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