Since the two parties have been in talks, HP’s share price has dropped from $120 to as low as $85 on the New York Stock Exchange last week.
A report in this morning’s Financial Times suggested that the fall may mean the cash component of the deal – originally planned to make up half of the multibillion dollar cash and stock offer – would have to be raised to maintain the headline size of the transaction.
HP and PwC representatives in the US were unavailable for comment.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.