Davy Said to Share Over $43 Million Among Staff Shareholders

  • Number of Davy shareholders said to increase to 150 since 2006
  • Davy offering to buy out stock at 8 times 2006 buyout value

Davy, Ireland’s largest securities firm, is poised to hand employees about 40 million euros ($43 million) as it repays loans linked to its 2006 management-led buyout, according to people with knowledge of the matter.

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