Private equity moving in on KPMG’s restructuring division

The sale of KPMG UK’s restructuring arm is reportedly progressing at pace, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing. Prospective bidders for KPMG’s restructuring business apparently include private equity firms Intermediate Capital Group and Towerbrook. Last year, the UK’s audit watchdog of the […]