ARLINGTON, VA - FEBRUARY 23: The sun sets behind the Washington, DC regional office of the international accounting firm Grant Thornton on February 23, 2024, in Arlington, VA. (Photo by J. David Ake/Getty Images)

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A spokesperson for the auditing giant said it continues to explore ‘various avenues that will drive growth for our firm’

Reporter

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CVC Capital Partners is reportedly mulling a bid for Grant Thornton UK in the latest sign of private equity’s push into professional services.

Buyout giant CVC is among the interested bidders in the accountancy firm, according to 

, which said that the sale could value the business at between £1bn and £2bn.

CVC mulls Grant Thornton UK offer as private equity pushes into professional services

Sebastian McCarthy

Investing

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

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The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

U.K. Regulator Starts Review Into Motor and Home Insurance Market

Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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