/ Source: Reuters
U.S. investment bank J.P. Morgan Chase & Co. is considering a $2.61 billion offer for Prudential Plc.'s majority stake in UK Internet bank Egg, a source familiar with the situation said on Tuesday.
The source said it was not immediately clear the bank would make an offer and that a decision was expected to be made in the next week or two. J.P. Morgan declined to comment.
The sale of Egg has been dragging since January when Prudential, which owns a 79 percent stake in the firm, said it was in preliminary discussions with several parties.
Sources close to the process have said the two frontrunners to buy the bank are U.S. credit card companies Capital One Financial Corp. and MBNA Corp. ($1=.5363 Pound)
