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23 September 2021 The on-line newspaper devoted to the world of transports 05:26 GMT+2

April 2, 2001

Mergers mean sticking to basics
Most buy-ups fail to provide anticipated synergies as benefits disappear in 'value hole'

Louis Beckerling

The benefits offered by mergers or acquisitions can sink without trace into a "value hole" if management teams driving the process do not stick to the basics, warns Philip Strause, regional director of Deloitte Consulting.

Mr Strause, who heads the firm's Financial Services Industry Practice, was commenting ......
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