Topic: Citigroup Buys Online Egg Bank (Read 204 times)
Robot
Internet Junkie
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« on: Jan 30, 2007, 09:41:58 AM »
Citigroup announced today that it has reached an agreement to purchase UK based Egg Banking (Egg) the largest online bank in the world. Citigroup is buying the company from Prudential PLC for $1.13 billion in cash for the bank. The deal is on track to be completed by the end of April.