The Last Post: When Davy met Goodbody

The Last Post: When Davy met Goodbody View Gallery
Davy Stockbrokers: a hard-charging culture

A Davy takeover of Goodbody could be the ultimate mixed marriage

Irish business rarely does audacious takeover deals. Apart from Ryanair’s tilt at Aer Lingus in 2006, most M&A deals here pivot around the largest player hoovering up smaller marginal players – rarely are they a case of the number one and two in an industry coming together.

That’s why the revelation that Davy, the country’s largest stockbroker, might purchase the country’s second largest has triggered something of a psychodrama in both firms, with particular...

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