Field Fisher Waterhouse and Osborne Clarke abandon talks over £200m merger

Brought to you by our friends at Osborne Clarke

Despite on-going talks taking place, Osborne Clarke and Field Fisher Waterhouse have confirmed that the potential merger between the two firms is no longer considered to be viable and will not be going ahead. Relationships between the firms remain amicable with both sides citing a difference in operating models and structures as reasons for the decision not to proceed.

Simon Beswick, Managing Partner at Osborne Clarke spoke of the similar values fostered by both Osborne Clarke and Field Fisher Waterhouse but acknowledged, “The shared vision sparked exploratory talks. In the end, though, we had to recognise that our approaches are too different to combine.”

Acting Managing Partner at Field Fisher Waterhouse, Michael Chissick, confirmed the continued amicable relationship between the firms stating “the process has been positive . . . because of the strong relationships and friendships that have been formed between the two firms.” He also recognised the value the companies gained from the initial talks which allowed them to assess internal strengths and identify how best they could be served.

Although negotiations had been underway for a number of months, talks were ended before the issue had been voted on by partners at either firm. Despite strong relations between Osborne Clarke and Field Fisher Waterhouse, their shared vision and practices were not enough to overcome the discernible differences in approach and structure which ultimately rendered the potential merger unfeasible.

Osborne Clarke have are leading law firm with extensive experience advising on every aspect of Mergers and Acquisitions, including buy-outs, buy-ins, institutional buy-outs and public to private transactions.

November 19, 2012 · Tim Kevan · Comments Closed
Posted in: Uncategorized