Merrion Stockbrokers tried to buy Bloxham for €25m

Merrion Stockbrokers made an unsuccessful approach to buy rival Bloxham Stockbrokers in recent months for around €25 million, according to senior sources in the stockbroking industry.

20th May, 2006

Merrion Stockbrokers made an unsuccessful approach to buy rival Bloxham Stockbrokers in recent months for around €25 million, according to senior sources in the stockbroking industry.

The approach, which is believed to have been made within the last 12 weeks, came after Merrion was acquired by Icelandic bank Landsbanki.

It signals that Merrion is still on the acquisition deal in Ireland, backed by Icelandic money.

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