Mergers and acquisitions

Mergers and acquisitions refers to the consolidation of companies. A merger is the combining of two companies to form a new company. An acquisition is the purchase of one company by another company.

The key area for HR departments during mergers and acquisitions is TUPE transfers. Transfer of undertakings (TUPE) laws safeguard employees’ rights when there is a transfer of a business or service from one organisation (the transferor) to another organisation (the transferee).


1,500 jobs expected to be lost in Virgin Money takeover

Around 1,500 jobs are expected to be lost in the £1.7bn takeover of Virgin Money by Clydesdale Yorkshire Banking Group...

Pret’s £1,000 employee bonus: Do short-term rewards achieve anything?

5 Jun 2018

The new owners of sandwich chain Pret A Manger have promised a £1,000 bonus to all employees who are on...

Continue Reading Comments { 1 }

Carphone Warehouse closes stores as Pret staff get £1000 bonus

30 May 2018

Carphone Warehouse is to close 92 stores after the retailer became the latest to issue a profit warning, amid continuing...

Continue Reading Comments { 0 }

Union warns Asda-Sainsbury’s deal could lead to massive job losses

30 Apr 2018

The GMB union has called the newly announced merger proposal between Sainsbury’s and Asda a “bargain basement” deal that could...

Continue Reading Comments { 0 }
merger-retention

More companies hold on to key staff after mergers, says report

2 Nov 2017

Almost four-fifths of companies that have gone through a merger or acquisition have managed to hold on to their ‘acquired...

Continue Reading Comments { 0 }

Zoopla’s Lorraine Metcalf: delivering a successful business transformation

12 Oct 2017

Building an HR function during a time of rapid growth is always a challenge, but for Lorraine Metcalf of digital...

Continue Reading Comments { 0 }

How workplace mediation reduced conflict and stress during Barts hospital merger

2 Aug 2017

Workplace mediation can prevent conflict at work leading to disciplinary problems or sickness absence, but awareness is low in many...

Continue Reading Comments { 2 }

Labour manifesto 2017: what employers need to know

17 May 2017

The Labour Party’s official manifesto has been released today and includes some of the most radical changes to employment legislation...

Continue Reading Comments { 0 }
Talent management

Talent management should be at the heart of mergers and acquisitions

9 Dec 2013

Mergers and acquisitions are a major part of business life for many UK workers. But getting the transition right is...

Continue Reading

StepStone buys Totaljobs Group for £110 million

4 Apr 2012

Reed Business Information (RBI) has today announced the sale of Totaljobs Group, the UK’s largest job board, to StepStone for £110...

Continue Reading

Government quango cuts: who survived?

14 Oct 2010

The Equality and Human Rights Commission has survived the Government’s quango cuts but many others have been axed or are still under...

Continue Reading

HR jobs could be cut after Thomas Cook and Co-operative Travel merger

8 Oct 2010

HR staff at Co-operative Travel and Thomas Cook face an uncertain future after the two travel companies announced merger plans...

Continue Reading

Union predicted tax ‘chaos’ following Customs and Revenue merger

10 Sep 2010

The HM Revenue & Customs (HMRC) blunders that led to nearly six million people across the UK paying the wrong...

Continue Reading

Unite union demands meeting following Axa Life sell-off

25 Jun 2010

The Unite union has called for an urgent meeting with Resolution to discuss how the investment firm’s £2.75bn takeover of...

Continue Reading

Santander secures union backing for Alliance and Leicester staff terms

25 Jun 2010

Santander has reached an agreement with unions to protect the pay and conditions of more than 20,000 staff at Alliance...

Continue Reading