PwC Taps Morgan Stanley to Sell ‘Global Mobility’ Division: NYT

July 20, 2021, 11:27 AM UTC

PwC tapped Morgan Stanley to sell its “global mobility” division, the New York Times’s DealBook reports.

  • Unit generates $200 million in operating earnings
  • A PwC spokesperson told NYT the firm does not comment on “rumors or speculation about any changes to our portfolio”
  • Morgan Stanley declined to comment to NYT
  • NOTE: PwC to Add 100,000 Jobs in $12 Billion Strategic Revamp

To contact the reporter on this story:
Luke McGrath in New York at lmcgrath18@bloomberg.net

To contact the editor responsible for this story:
Maria Jose Valero at mvalero3@bloomberg.net

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