BusinessBusiness RecoveryDeloitte completes US BearingPoint acquisition

Deloitte completes US BearingPoint acquisition

US firm acquires services practice for $350m cash

Deloitte’s US firm has finalised the purchase of BearingPoint’s North
American services practice after the consulting firm collapsed into bankruptcy.

It paid total consideration of $350m in cash, and will also assume a number
of BearingPoint’s outstanding liabilities.

Deloitte said the acquisition will bring additional capabilities to help it
serve more clients in federal, state and local governments in the US.

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