Davy to acquire Bloxham division

Davy Stockbrokers is set to acquire the private client business of Bloxham Stockbrokers for an undisclosed sum.

The two companies announced yesterday evening they had reached agreement over the transaction which is likely to be concluded in May.

Davy said that it is envisaged that, following close of business on Friday, May 11, Bloxham’s private client division will move to Davy’s Dublin and Cork offices, with Bloxham’s Limerick office being managed under the Davy banner.