It's a real hodge podge of bits. Specialized forks, Look stem Hope hubs...
Photo is crap. hard to tell, but something doesn't look right. Looks like the lugs for the binder bolt are missing. Pretty sure these should be on the rear of the seat tube. Some funny detailing at the top of the seat stays too. Looks like there's a bolt, but it looks way too low/in wrong position for clamping the seatpost unless it got some funky wedges on the inside that compress against the seatpost itself, but that's getting too tricksy for Merlin/Ti
Love the small print disclaimer!* I have been wrong on numerous occasions, on many and varied subjects, so don't take my word for it!