Owners say Kroll could be broken up for a sale following massive goodwill
writedown
ADVERTISEMENT
Parts of Kroll, the international corporate investigation, fraud and business
recovery group, could go up for sale according to owners Marsh & McLennan as
it booked a huge $425m (£212m) writedown on the goodwill in Kroll.
The statement comes little more than a week after it emerged that David
Buchler, Kroll’s former European chairman, had made approaches to acquire Kroll
with the backing of private equity group BC partners.
According to reports in The Financial Times Marsh’s chief executive
Brian Duperreault, said that there are parts of Kroll that do not fit with the
rest of the group. Marsh acquired Kroll in 2004 for $1.9bn.
However, it remains unclear whether this means corporate restructuring and
investigations, the parts thought to be of most interest to Buchler, or whether
Buchler would settle for a fragmented business.
Press reports say that there are no acquisition talks currently under way.
Salaried Judges, £98,900 The Judicial Appointments Commission is inviting applications to join the newly created First Tier Tax Chamber. For the first time there will be one jurisdiction hearing the full range of direct and ... more >
As one of the leading Property and Housing organisations in the UK you will be tasked with leading the effective accounting of the Group's capital investment. A pivotal role reporting to the Director of Financial ... more >
Management Accountant, Walsall, £20,000 to £25,000 Main duties include: Completion of monthly management accountsBank reconciliations and all other balance sheet reconciliations as Required.Preparation and posting of journalsOverseeing sales ledger, wages and credit control functions.Purchase ... more >
Oswestry, Shropshire, United Kingdom | The Cheese Company
The Cheese Company require a Plant Finance Manager for their packing facility in Oswestry. The role will be part of the senior management team on site. The site Finance Manager will work proactively with the ... more >
More Jobs in Finance