Blog: Where now for brokers after Trigold sale?

Rumours that have been circulating for many months, if not years, were finally confirmed when MBL announced its intention to buy TrigoldCrystal for a minimum of £9.9m. The deal could potentially be worth over £15m dependant on the performance of the combined business. Indeed this is now more than an intention, as contracts have been exchanged and sizable penalty clauses exist if either party pull out. The deal will still have to get the agreement of the Office of Fair Trading and this will take a further few months. In the meantime the companies remain rivals and keen competitors. So...