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Fact - There is no concept of member firm after split. It's going to be one corporate entity.
It's all speculation at this point, there are teams in the same technology doing delivery in EY US, EY Australia, EY India, and EY GDS. In partnership, such arrangements made sense. In NewCo, I don't think they do. In fact, I feel that by uniting all these folks under one entity, the efficiency will be much better. SAP is an example of this.
I meant SAP practice within EY
Rising Star
There will not be any merger. Gds will be seperate entity which will support the member firms and it will be called newco gds. And india entity will be called newco india
EY GDS-+ EY's Tax+ Ey's Consulting->Newco ; EY India+some functions of FAAS--> Assurance