PwC Australia to sell government business for A$1 and appoint new CEO

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 77%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Top advisory group spins out business accounting for 20% of revenue amid growing backlash from government clients

If the deal goes through, Allegro will set up the new firm as a corporation, not a partnership, according to a source not authorised to speak with media. Ownership will be split between Allegro and the former PwC partners, although the exact split was not known, the source said.PwC said the divestment represented around 20 per cent of its revenue for fiscal 2023. The firm made A$3 billion in revenue last financial year.

The deal attempts to insulate the firm's government consulting business and rebuild trust with the many departments and agencies that have frozen the firm out of new work.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 6. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen