WH Ireland backs away from Blue Oar merger

WH Ireland has confirmed that its takeover talks with Blue Oar have dissolved.

WH Ireland has confirmed that its takeover talks with Blue Oar have dissolved.

The stockbroker announced on March 2 that it was in discussions with Blue Oar about a possible merger.

The deal would have seen Blue Oar’s shares valued at 9.66p each in a merger worth £16.2m.

At the time of the talks, Richard Ford, the chief executive of WH Ireland, said he saw Blue Oar as a good strategic fit with the firm’s existing institutional equities and private client wealth management business.

Related Articles:
Blue Oar set to launch absolute return