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Headline

Norton Rose enters South America via merger with Canada's Macleod Dixon

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Firstly: franchises such as McDonalds and Subway are some of the most successful businesses in their markets, and in the world. If you're being derogatory, you're being very complimentary about it! Secondly, and just echoing the earlier point: PwC, KPMG and Deloitte (until recently) get by pretty well with Swiss verein structure. It's a sensible structure when local jurisdictions don't make it easy to run as a single partnership. See this explanation for a better discussion: http://bit.ly/nHagZr Anyway, it's a growth strategy - one that can be admired as gutsy, especially given current global markets. Whether it will work out, time will tell. See http://bit.ly/mUxtUy for more thoughts.

Posted date

4-Oct-2011

Posted time

10:21 pm

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