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…
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