Irish Life and South African Bank Investec put in a joint bid to buy Dave Stockbrokers.
In March the central bank fined Davy Stockbrokers over a transaction involving senior employees.
The controversy resulted in the company being put up for sale.
Ian Guider, columnist with the Business Post Ian Guider joins The Last Word on Business to discuss all the weeks business stories.
Catch the full chat by pressing the Play button on this page.