The Moonduster consortium has confirmed that advisers acting for property developer Liam Carroll made an approach to buy its shares in Irish Continental Group.
Moonduster, which includes One51 and Doyle Shipping, is locked in a takeover battle for Irish Continental with Aella, a group including members of the ICG management team.
A statement from Moonduster said the Carroll approach had been rebuffed, and that One51 and Doyle had 'no intention' of selling their Irish Continental shares.