PwC offloads mobility tax consultancy arm to PE group CD&R for $2.2bn

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