The offer, subject to further negotiations, is from Eric Welsh, former director of the shipyard. A spokeswoman for PwC said that the Big Five firm had accepted the offer for an undisclosed sum.
Media reports last week indicated that talks with Alchemy, the venture capital business, and private ship repair company A&P had broken down just as they were close to finalising a deal.
Welsh’s offer will relieve some of the strain, but PwC still has to find buyers for the shipping company’s two other yards at Birkenhead and Tyneside. Cammell’s Teeside business represents the smallest unit of the company and discussions for a sale of the other operations are ongoing.
A number of cancelled shipbuilding orders forced the company into receivership in April. Cammell Laird has already had to cut an extra 250 jobs following the initial 350 redundancies announced in April.
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.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel