Hints and tips:
Disposal part of broader shake-up across Big Four accounting firms
Accounting group removes 8 of 16-strong leadership in move that cuts female representation
Rival professional services firms have also shed space after changes triggered by pandemic
...Additional reporting by Michael O’Dwyer in London...
...The wind is blowing in your face today, not at your back,” said Patrick Dwyer, an adviser whose clients invest in buyout funds....
Joe Ucuzoglu to take over as accounting firms debate how to respond to EY break-up plan
Big Four firm rejects idea of splitting businesses and says combining audit and advisory work is ‘core’
Big Four groups axe businesses after PwC and KPMG announce similar moves
UK government lays ground for years of travel restrictions and contact tracing
Accounting firm reprimanded over role in 2011 sale of bed retailer to HIG Capital
Deal values UK public relations group at £500m and triggers big payout for chair Alan Parker
...Byron Trott, a former Goldman Sachs dealmaker and banker to Warren Buffett, is taking a minority stake in Brunswick, valuing the group at £500m, the FT’s Michael O’Dwyer reports....
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...But the question we raised is does franchising success ultimately rely on two of America’s most acute pathologies: excessive leverage and exploiting cheap labour?...
...He rises at 5.30am for a workout with a group that includes Olympic swimmers Conor Dwyer and Matt Targett as well as the actor Hugh Jackman....
...private equity firm and Accor shareholder, had been pressing the group to go faster in its embrace of an asset-lite model, in which hoteliers sell off properties and concentrate on their management and franchising...
...The company acknowledges that if its new investments are not getting results within a year to 18 months, it will look to joint ventures, re-franchising of bottlers or even disposals....
...But he also cautioned that the “defeat” in Texas did not mean the end of state-wide franchising....
...London & Boston Investments climbed 46 per cent to 7.12p, as it announced plans to float its private property search subsidiary PSG (Franchising) at £15 to £18m....
...The group has been selling hotels for several months as it moves to a business model based on hotel management and franchising rather than asset ownership....
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