PwC and Booz & Company announced they have signed a conditional merger agreement. The proposed transaction is conditional on approval by Booz & Company partners and receipt of required regulatory approvals.
Dennis Nally, Chairman of PricewaterhouseCoopers International, says: "We believe this proposed combination of Booz & Company with our existing Assurance, Advisory and Tax capabilities would create a stand-out professional services organization that delivers first class quality services to a broad range of stakeholders. In particular, it would give CEOs the opportunity to work with a global consulting team that could provide services from strategy development right through to execution. This proposed merger would only add to that strength."
The Booz & Company partner vote is scheduled to take place in December.
