EY’s break-up plan stalled – WSJ
By:Reuters
Updated: Mar 16, 2023, 12:07 UTC•1min read
(Reuters) – Ernst & Young (EY) has suffered a series of delays in its plan to split its global auditing and consulting businesses, the Wall Street Journal reported on Thursday.
Most Popular
EUR/USD
$1.06941
-0.01%
Bitcoin
$26,814.52
+4.26%
S&P 500
$4,283.85
+0.23%
Natural Gas
$2.1645
+0.49%
(Reuters) – Ernst & Young (EY) has suffered a series of delays in its plan to split its global auditing and consulting businesses, the Wall Street Journal reported on Thursday.
The top executives of the accounting firm are considering several back-up options, including selling off just the non-U. S. consulting operation, likely to a private equity buyer, the report said, citing people familiar with the matter.
(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Savio D’Souza)
Advertisement
Don't miss a thing! Sign up for a daily update delivered to your inbox
Loading
Loading
Loading