Exact(1)
Ian Washington, of Deloitte, said: "After today, meeting statutory responsibilities and maintaining basic levels of service is likely to mean more councils sharing resources with health and police, greater involvement of the private and voluntary sectors in delivery and, possibly, full operational mergers between councils.
Similar(59)
A management company, Digital First, was formed to run both enterprises in an operational merger, although both companies remain as separate entities.
Over time, though, a full operational merger is probable, once some kinks — in trading currencies, regulatory standards and procedures — are ironed out.
Meanwhile, in this arid economic environment, costs must be cut, so it is hard to justify huge outlays of cash for news gathering operations that drag down profits -- which is one reason CBS News is discussing a possible operational merger with CNN (and why ABC News has let CNN know it might be interested in striking such an arrangement, too, a development reported by the Web site Inside.com).
Prior to joining Cubist, Dr. Fetzer served as a Managing Director and Partner at the Boston Consulting Group in the firm's health care practice where he was responsible for projects in strategy, operational effectiveness, and mergers and integration.
In recent years he has worked with a number of UK charities and their funders covering operational and financial restructuring, mergers and acquisitions and formal insolvencies, with particular experience of the specific issues that arise when charities are facing financial difficulties.
It is hoping to save £4.5m a year in operational costs, though the merger will mean taking a one-off hit of £4m.
Even modest operational synergies from the merger should more than offset the effect on the bottom line.
It focuses on the maximizing economies of scale and generating capital efficiencies through internal fund mergers and other operational improvements.
It takes a while for a merger to become operational.
It began as an operational deal, but became a merger.
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