PwC has reached a deal with Clayton Dubilier & Rice that will result in the company outsourcing its global practice for mobility taxes and immigration services. The Big Four firm will receive more than $ 2 billion from the acquisition in its biggest sell-off in nearly two decades. The last time PwC decided to sell
CD&R has a takeover agreement with PwC worth € 2.2 billion. The unit currently advises more than 3,000 organizations around the world on tax and immigration compliance issues when they relocate employees abroad – a market that has more or less stalled during the pandemic. The company operates in approximately 40 territories worldwide, with a
India’s ambitions in the field of electromobility have suffered a major setback due to the Covid-19 pandemic. Vehicle manufacturers admit that electrification will take a back seat for the time being in view of the severely affected core business. However, they remain firm on the long-term goal of promoting cleaner alternatives to fossil fuel vehicles.
