Deals & Departures

PPB takeover gives PwC’s Vickers convenient exit

Derrick Vicker’s troubled tenure as liquidator of the Ostwald Brothers construction group is set to come to end, with the PwC partner preparing to make way for John Park and Kelly Anne Trenfield of FTI Consulting on the basis – according to Vickers – of a potential conflict destined to emerge once PwC completes its acquisition of PPB Advisory (PPBA) on August 1. For Vickers,…

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Partnerships scarce as PwC closes in on PPB

As SiN revealed exclusively last month, a PwC takeover of PPB Advisory (PPBA) is well progressed but the latest mail is that there’s tension aplenty among PPBA’s ranks thanks in part to the very limited number of partnerships on offer. While neither firm would confirm it yesterday, well informed sources advise there are as few as half a dozen partnerships being offered in the deal,…