PracticeConsultingHP may raise cash offer in PwC deal

HP may raise cash offer in PwC deal

The fall in Hewlett Packard's share price could result in the computer giant increasing the cash component of its offer for PricewaterhouseCooper's consulting wing.

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.

Links

HP agrees fee for PwC consulting arm

Hewlett-Packard confirms PwC talks

HP in talks for PwC consulting business

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer