Corporate Finance - News in brief.
Human resources issues are often ignored in the rush to pull off a merger deal, says law firm Eversheds. It said the need for businesses to concentrate on negotiating the deal itself can mean vital human resource issues are ignored in the short term, impacting on the deal’s long-term success. Partner David Beswick highlighted the ‘avalanche’ of employment legislation over the past five years, including the transfer of undertakings regulations and the Human Rights Act. A separate survey from Andersen on M&A in the financial sector found that despite 55% of companies believing the best way to create shareholder value was through organic growth, 69% had gone through a merger.
Eversheds’ site is at www.eversheds.com
More on Andersen at www.andersen.com.