Bank of Ireland completes €593m acquisition of Davy stockbrokers

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Bank of Ireland completes €593m acquisition of Davy stockbrokers. The final sale price of the embattled stockbroking firm is slightly lower than the €605 million price tag originally announced last July, LorcanAllen reports.

Bank of Ireland has announced it has completed the acquisition of Davy stockbrokers for an overall sum of €593 million. The final cost of the acquisition is slightly lower than the original €605 million price tag the bank had estimated last July when it first announced it would acquire the embattled stockbroking firm.

Bank of Ireland’s takeover of Davy is comprised of a price for the business of €440 million, 75 per cent of which ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

KBC Bank Ireland to stop new business in JulyKBC Bank Ireland has said that as part of its planned exit from the Irish market, it will no longer accept new applications for all products from July 15.
Source: RTEbusiness - 🏆 16. / 61 Read more »