Andersen to shed consultants in KPMG deal
Andersen will almost certainly lose a second consulting arm if the firm's proposed merger with KPMG goes ahead, the firm's UK managing partner for people has admitted.
Having split with Andersen Consulting (now Accenture) last year, David Sproul told a press conference this morning that Andersen’s current consulting arm would probably go under the deal, given KPMG’s decision to list its consulting arm last year.
Sproul said the firms would look at its future ‘jointly’ but suggested it was unlikely to remain in-house.
He said the firm had already been examining future options for its consulting business before these merger discussion started.