Monday January 27, 2020

BoI blocks buyout attempt for Davy Stockbrokers

Bank of Ireland has rejected efforts by executives at Davy Stockbrokers to buy the country’s largest stockbroker from the bank, The Sunday Business Post has learned.

6th May, 2006

Bank of Ireland has rejected efforts by executives at Davy Stockbrokers to buy the country’s largest stockbroker from the bank, The Sunday Business Post has learned.

The proposal was mooted at the beginning of the year by executives during annual negotiations on incentive and performance schemes between the bank and the stockbroker.

The deal could have valued Davy at between €300 million and €400 million.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 4 weeks ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago