Statement by Minister Donohoe regarding Davy decision to pursue sale of the Group

11th March, 2021

The Minister for Finance, Paschal  Donohoe TD has this evening (Thursday) said that he is supportive of the announcement issued by the board of J&E Davy that it has decided to pursue a sale of the Group.

Speaking this evening, Minister Donohoe said: ‘Davy is an important financial services firm employing approximately 700 people with a diverse range of institutional, retail, charity, credit union and corporate clients’.

“It is important to have a stable, well managed local stockbroking community to support indigenous companies. For this reason I am supportive of this evening’s announcement.”