The deal is worth around €400 million.
Bank of Ireland is buying most of Davy stockbrokers in a deal believed to be worth more than 400 million euro.
A statement from the Bank says the deal is subject to shareholders at the stockbrokers meeting a number of agreed criteria.
Earlier this year, Davy announced it would be up for sale after it was fined over 4 million euro by the Central Bank for breaching market rules.
Bank of Ireland said that it will pay 75 per cent of the consideration it has agreed to on completion of the deal, expected in 2022 (via @irishtimesbiz)https://t.co/5lAEJQo4Ol
— Irish Times Business (@IrishTimesBiz) July 22, 2021

Speed Enforcement To Increase In Kildare With 21 New Camera Zones To Be Rolled Out In January
Over 400 Motorists Caught Speeding So Far Today, Including A Driver In Kilcock
Transport Minister In Discussions With Irish Rail About Extending Late-Night Trains Beyond Christmas
Tadhg And Mary Should Be Looking Forward To Christmas, Say Gardai As Fresh Appeal Launched
Bus Shelters Treated As Luxury Rather Than Standard, With 500 Kildare Bus Stops In Need Of Upgrades
Recruitment Announcements Don’t Add Up As Garda Numbers Stagnant In Kildare South, Says Local TD
Court Orders Demolition Of 29 Unauthorised Modular Homes Built By Kildare Developer
Chris Rea, 'Driving Home For Christmas' Singer, Has Died Aged 74