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Accountancy Age – Content Calendar 2024

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    Online Extra – Pro-merger vote predicted by PW/Coopers partners

    Online Extra - Pro-merger vote predicted by PW/Coopers partners

    Coopers & Lybrand and Price Waterhouse are predicting a ?comfortable' majority of the firms' 8,500 partners will be favour of a global merger

    Author Date published November 25, 1997 Categories

    The result of the partner voting, due to be released on Friday 28 November, is likely to fly in the face of continuing criticism from regulators and clients of their marriage plans.

    Howard Davies, chairman of the UK?s new Financial Services Authority, and IOSCO, which represents the interests of world stock market regulators, warned that auditor independence could be undermined and shareholder protection damaged by the merger. Members of the UK’s One Hundred Group of Finance Directors echoed their concerns.

    A full update on the progress of the merger proposals will appear in Accountancy Age and on the Web site on 27 November. The result of the partners? vote will be posted online when it is announced

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