Deal done for under-fire PwC government consulting arm
The $1 sale of PwC Australia's scandal-hit government consultancy arm is going ahead, paving the way for the transfer of 1750 employees to the buyer.
Source: sheppnews.com.au
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PwC unit sale fails to allay concerns, Australia senator says
The firm has already placed nine partners on leave and named four former partners directly involved in the breach. Read more at straitstimes.com.
Source: straitstimes.com
PwC aims to selling government consulting business to Allegro Funds
About 130 PwC partners and about 1750 staff from the firm’s embattled government consulting arm will join a new company codenamed Bell under the cut-price deal.
Source: afr.com
PwC scandal: Firefighter helmets on, PwC hands Allegro the hose
There’s no time to test a big list of suitors for their best price and terms. Allegro Funds is the first responder, best placed to put out the flames.
Western Australia New South Wales Fay Bou Herbert Smith Freehills Slater Gordon Japan Post Toll Holdings
Source: afr.com
PwC scandal: Inside Project Bell, PwC's attempt to save itself
It had been four months, two weeks and five days since it emerged a former PwC partner had shared confidential government briefings. Something had to be done.
New South Wales Western Australia Australian Capital Territory Tricia Tebbutt Tim Jackson Herbert Smith Freehills
Source: afr.com
PwC will appoint Kevin Burrowes as CEO in Australia while it seeks to sell its government consulting arm
Embattled firm PwC has announced Singapore-based consulting veteran Kevin Burrowes will take over as CEO in Australia as the company also looks to offload its government consulting arm in the wake of the tax leaks scandal.
Source: skynews.com.au
Allegro Funds makes first public M&A deal with Slater & Gordon off-market takeover
Corrs helped Allegro with structuring and executing the takeover bid
Source: thelawyermag.com
Allegro Funds poaches Freehills' head of deal development
Turnaround private equity specialist Allegro Funds has pinched a Herbert Smith Freehills rainmaker for its busy investment team.
Fay Bou Chester Moynihan Rachel Lawler King Wood Mallesons Herbert Smith Freehills Herbert Smith Freehill
Source: afr.com
What Allegro Funds has planned for Slater & Gordon
In a letter to the shareholders of listed national law firm Slater & Gordon, private equity firm Allegro Funds has outlined its intentions for the BigLaw practice, should its proposed acquisition pro
Source: lawyersweekly.com.au
Slater and Gordon accepts Allegro takeover offer, announces half-year results
The firm reported a return to pre-pandemic activity and important structure changes
Source: thelawyermag.com