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Global: Majority of merger discussions fail, says study

By  |  February 19, 2014

A new study conducted by accountancy firm Smith & Williamson found that the majority of merger discussions, 56 percent, end in failure.

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    Reports say the research looked at more than 100 law firms from around the globe, suggesting that companies see mergers as a financial strategy.

    S&W head of professional practices Giles Murphy explored the results of the study, suggesting that “firms need to plan properly how they’re going to develop their business” instead of seeing a merger as a plan of its own.

    According to the research, four out of every ten firms completed recent merger deals, and half of those took more than six months in merger discussions.

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