Heard PwC is looking to separate c1/c2 business offerings to satisfy regulators and potentially position itself for 2022 sale? Some aspects may be announced this week by Senior Partner?

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Isn’t this a UK thing

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We did separate our C1/C2 product offerings into two separate groups. Valuation - Deals, US.

I’ve been in Deals for 6 years. Your colleagues seem to be confused.

Am sure all firms will evaluate what may happen if this is happening in the UK. If it works well in UK am sure SEC may require something similar over in the US also

It’s the UK audit regulator requiring the breakup. Equivalent to the PCAOB.

Ya, no way this is happening in the US right now. Has to be response to recent UK regulator moves

Where did you hear this and what level are you?

What sale? It won’t be a partnership anymore I’m not following

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