Roland Berger partners vote against Deloitte merger

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AccountingWEB.co.uk
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Roland Berger Strategy Consultants has stepped away from merger talks with Deloitte Touche Tohmatsu.

Last week both parties confirmed they were in advanced talks about a possible deal, but negotiations ended on Sunday after partners at Roland Berger voted against the move.

The vote to remain independent had been carried with a majority of “close to 100%” said a company spokesman.

The firm’s partners (including its founder Roland Berger) agreed to put in more money to support its plans going forward.

Berger will be investing some €50m to help fund the company’s expansion as a standalone business, reported the Financial Times this week.

Deloitte had planned to acquire the company as part of an expansion of its worldwide strategy consulting ar...

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