Roland Berger walks away from Deloitte tie up
Just days after announcing a merger with the Big Four firm Roland Berger calls it off
MANAGEMENT CONSULTANCY Roland Berger has called off a merger with Big Four firm Deloitte just days after the news became public.
The Financial Times reports that a vote to end the merger had been carried with a majority of almost 100% and that the firm’s partners were planning to put more capital into an investment plan.
Deloitee was the only Big Four firm to hold on to its management consultancy after the other three seperated from theirs under growing regulatory pressure.
The end of the deal will be a disappointment for Deloitte which last week said that it had an “exciting ambition” to be the market leading consultancy.