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02 Oct 2002
The deal has resulted in a new global business unit, IBM Business Consulting Services, which comprises more than 30,000 IBM and 30,000 transferring PwC consulting staff. The division becomes the world's largest consulting services organisation.
Although IBM expects to have to make some redundancies from the acquisition it still means that IBM services arm will be larger than its computer hardware division.
The deal has received all regulatory clearances in the US and European Union. The $3.5bn will be paid to PwC in cash and stock.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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