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Thu 04 Apr 2003French broker pulls out of NCB bid talks
CIC Securities, the stockbroking arm of French banking group Crédit Mutuel, has pulled out of talks to buy NCB Stockbrokers from Royal Bank of Scotland (RBOS).
The talks, which first came to light in mid-February, were expected to be completed by mid to late-March, with the French group expected to pay around €25 million for NCB, the third-largest Irish stockbroker.
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