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Despite the astonishing success of the stage musical Mamma Mia! - now adapted as a feature film - ABBA has ruled out any reunion tour.

Songwriters Bjorn Ulvaeus and Benny Andersson of the Swedish pop quartet told Britain's Sunday Telegraph that ABBA will never perform together again.

Ulvaeus said that "money is not a factor and we would like people to remember us as we were. Young, exuberant, full of energy and ambition."

ABBA was one of the biggest pop bands of the 1970s, with hits including Waterloo, Dancing Queen and Money, Money, Money.

The group also included singers Agnetha Faltskog and Anni-Frid Lyngstad.

ABBA split up in 1982, but the group continues to sell nearly three million records a year.

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