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Manches pulls out of Halliwells merger talks

UK FIRM Manches has pulled out of merger talks with Halliwells, The Lawyer reports. However, the firms are continuing discussions with a view to Manches acquiring some parts of Halliwells.…

user iconLawyers Weekly • 21 September 2009 • NewLaw
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UK FIRM Manches has pulled out of merger talks with Halliwells, The Lawyer reports. However, the firms are continuing discussions with a view to Manches acquiring some parts of Halliwells. Halliwells is considered to be a prime consolidation target. Over the last financial year, profits per equity partner fell from £400,000 ($754, 645) to £280,000, while turnover was down to £83 million from £87 million.

 
 

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