MacRoberts and Morton Fraser rumoured to be in merger talks
MacRoberts and Morton Fraser are in late stage merger talks, The Lawyer reports.
A merger would establish a new firm with a turnover of £38 million, making it the sixth largest by revenue in Scotland.
Both firms’ revenue is about £19m, making it an equal tie-up.
A spokeswoman for MacRoberts told Scottish Legal News that “At any point we are in conversation with a number of individuals, teams and firms and it would be inappropriate to make any comment on the existence or otherwise of any such conversations.”
Morton Fraser said in a statement: “Like most firms in our sector, we regularly have exploratory discussions with third parties around a wide range of potential opportunities.
“We don’t, however, comment on speculation regarding any such conversations which may take place from time to time.”