Kennedys and Scottish firm Simpson & Marwick have called off a proposed £160m merger, citing "complex reasons". Partners at both insurance-focused outfits initially voted in favour of the tie-up in August, though plans for full integration by 1 November were later acknowledged as "ambitious".
December 11, 2013 at 11:45 AM
1 minute read
The original version of this story was published on Legalweek
Kennedys and Scottish firm Simpson & Marwick have called off a proposed £160m merger, citing “complex reasons”.
Partners at both insurance-focused outfits initially voted in favour of the tie-up in August, though plans for full integration by 1 November were later acknowledged as “ambitious”.
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