Accountancy

EY rejects TPG approach to split firm

Private equity giant approached EY about investing in its consulting business, but has been rebuffed

Return of EY's break-up plan now looks less likely after TPG offer canned
Return of EY's break-up plan now looks less likely after TPG offer canned Photo: Jeremy Moeller/Getty Images

EY has rejected an approach from buyout firm TPG to invest in its consulting division, according to a report.

The private equity firm approached EY last month about investing in its consulting arm, according to the Financial Times.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump