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Davis Borkum Hare - became Merrill Lynch
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Davis Borkum Hare - became Merrill Lynch
 
Stockbroking firm Davis Borkum Hare sold a stake to London firm Smith New Court which was later bought out by Merrill Lynch. Merrill Lynch then increased its stake in the South African brokerage to 100% in 1995. The company is now called Merrill Lynch South Africa (Pty) Ltd.
 
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