Hamish Perry and Mike Barrington write for The Evening Standard on whether a merger between the CBI and Make UK can work
Ahead of the Confederation of British Industry (CBI)’s annual meeting this Wednesday (20th September), the group is reportedly now seeking £3 million from members to avoid financial collapse. At the same time, Make UK is also considering future collaboration with the CBI - including a potential merger.
In a piece for the Evening Standard, Hamish Perry and Mike Barrington, both in our corporate team, run through reputational risks in transactions, how they can potentially affect mergers in the corporate world, and whether a merger between the CBI and Make UK can succeed.
In the article, they explain the steps that Make UK will likely want to take - firstly, lifting up the 'corporate bonnet, to uncover any ongoing issues that might still be lurking in the CBI, and then thinking about how to tackle any negative PR risks that could come about as a result of engaging with the CBI.
Hamish and Mike go on to explain that Make UK may wish to consider a re-brand of the new entity, and whether legal liability relating to the CBI can be ringfenced.
Read the full article in the Evening Standard.