Deloitte UK, Middle East firms team up in Dubai
Deloitte is forming a joint corporate finance venture between its UK and Middle East firms
Deloitte’s
UK and Middle East firms are teaming up in a joint corporate finance venture and
six partners from the UK firm is going to Dubai to launch the venture.
The joint venture company, Deloitte Corporate Finance Limited, to be
registered and authorised by the Dubai Financial Services Authority, will
initially focus on offering merger and acquisition advisory and support
services, valuation, business modelling, IPO advisory, forensic & dispute
services and Islamic finance advice, The Daily Telegraph reports.
‘The Middle East is a very important region, with strong sustained economic
growth and immense investment firepower,’ John Connolly, Deloitte Global
chairman said.
‘By joining forces with the Middle East firms, we will have the scale and
breadth of financial skills to provide a full range of M&A services to
clients from within and from outside the region.’
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The Daily Telegraph story