After a relatively quiet few weeks for mid-tier merger mania, Davenport Lyons and Howard Kennedy FSI have done the decent thing by confirming they are in discussions regarding a tie-up. The talks come after a potential union between Shakespeares and Davenport Lyons reportedly fell through last month.
Howard Kennedy confirmed the latest discussions. A spokesperson commented: ‘We have been approached and are currently at the initial stages of talking to Davenport Lyons with a view to exploring the possibilities of a merger. We are at a very early stage in those discussions but we remain open-minded as to what may come from looking at this in more detail. We remain committed to the vision of growing HKFsi, be it through bolt-ons, mergers or lateral hires and will look at all opportunities presented to us.’
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