Bank of Ireland completes acquisition of Davy 

The deal was done for €427m and will be paid of the net two years, subject to Davy shareholders meeting a number of agreed criteria.

Pictured is the Davy Brokers Offices on Dawson street. Photo: Sasko Lazarov/Rollingnews.ie

Bank of Ireland Group has completed the acquisition Davy, a wealth management and capital markets services.

The deal was done for €427m and 25% (€107m) of the enterprise value will be paid over the next two years after completion, subject to Davy shareholders meeting a number of agreed criteria.