For the past month, the international finance house Rothschild has been working with Davy to prepare the forthcoming auction of the scandal-laden Irish broker. A full information memorandum is due to be circulated late this week or early next week. Before they get it, however, potential suitors will be asked to sign a confidential agreement. To help get as many buyers as possible signed up, it has dispatched a teaser document to a large number of buyers in Ireland, the UK, Europe and the US. The document discloses that Davy recorded revenues in 2020 of €190 million, adding that much…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.