Opposition at KPMG to UK merger

A number of partners at the Dutch arm of accountants group KPMG have written to the rest of the 220 Dutch partners opposing a merger with the UK operation, the Financieele Dagblad reports today.

They say they are acting in the interests of the ‘identity’ and the ‘human scale’ of the Dutch company which will be put at risk by the ‘strongly finance-driven culture’ of the UK side.
Chairman Ben van der Veer told the paper that it was ‘healthy’ to have an open dialogue. Partners will vote on the merger tomorrow, and the board still expects a majority in favour.

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