ABBA songwriter Bjorn Ulvaeus has said that the group would not reunite at any price.
The 58-year-old was speaking in London at celebrations to mark the fifth anniversary of the ABBA musical 'Mamma Mia'.
Billboard reports that ABBA were offered $1bn to reunite four years ago, but Ulvaeus said the group would not get back together even if that figure was doubled.
"It is never going to happen again," he said. "I think it is a bit too long now. We split up in 1981. People haven't seen us as a group since then and it would come as such a disappointment to them."
'Mamma Mia' has grossed $750m worldwide and has been seen by over 10m people; 11 productions are currently running and six more are planned.
