MBNA, the US credit card company, is the front runner to buy Premium Credit for around £200m, according to reports
Premium Credit was put up for sale in September by Electra Partners Europe, the p ...
MBNA, the US credit card company, is the front runner to buy Premium Credit for around £200m, according to reports.
Premium Credit was put up for sale in September by Electra Partners Europe, the private equity firm. Electra had originally looked at floating Premium Credit on the London Stock Exchange, but the plan was shelved after a series of approaches by trade and private equity buyers.
Neither company would comment on the rumour.