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Egg re-hires Goldman Sachs for bid talks

Egg, the internet bank which is being sold by core shareholder Prudential, the UK's biggest insurer, has hired former broker Goldman Sachs to advise it.

Prudential is understood to be in talks with MBNA, the biggest credit card company in the US, regarding the sale of its 79% stake in Egg, which is currently valued at €1.3bn (£1.87bn)

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