Slaughter and May has landed a lead advisory role opposite Linklaters on Prudential's £575m sale of internet banking business Egg to Citigroup.

Slaughters is advising Prudential on the sale, while magic circle rival Linklaters is acting on behalf of US financial services giant Citigroup.

Corporate and commercial partner William Underhill led a 17-lawyer team for Slaughters that also included corporate partner Robert Chaplin.