KPMG is considering selling its UK restructuring business as the accounting giant looks to shore up its finances after delaying its annual results amid the disruption caused by Covid-19.
The firm is exploring options for the division including a possible sale as the Big Four accountants prepare for extensive reforms of their business to comply with new audit regulations.
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A KPMG spokesperson confirmed the talks, news of which was first reported by Sky News.
We can confirm we are exploring options for our restructuring business. However, we have made no decisions over any eventual outcomes at this stage, and will not comment further at this time, the spokespers…
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