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MBNA poised to buy Egg – reports

MBNA is believed to be about to buy Egg from Prudential after reentering the bidding for the internet bank.

The auction began in January but initial bidders Royal Bank of Scotland and Lloyds TSB have since withdrawn their interest.

Reports suggest that the offer from US credit card giant MBNA may be the last chance for Prudential to find a buyer for Egg.

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