PwC

Petrobras tries to turn page on corruption, talks oil

Executives at Brazil's Petrobras on Thursday sought to move on from a giant corruption scandal that has plagued the state-run oil company, outlining a back-to-basics recovery plan that left some investors hoping the worst was over.

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UK watchdog to investigate Tesco accounts and auditor PwC

Britain's accounting watchdog has launched an inquiry into the preparation, approval and audit of Tesco's accounts over the last four years, including the role of external auditor PwC [PWC.UL].

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Orion snaps up Domus Shopping Center near Paris

London, UK-based real estate management firm Orion Capital Managers LLP, through Orion European Real Estate Fund IV, snapped up the Domus Shopping Center located near Paris for an undisclosed sum.

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PwC purchases Booz & Company

PricewaterhouseCoopers has announced its acquisition of Booz & Company without disclosing financial terms of the deal, reported Ventures Africa.

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Tech Mahindra may buy minority stake in Indian social media analytics firm Simplify360

Indian IT services giant Tech Mahindra may buy a large minority stake in Bangalore-bases social media analytics firm Simplify360 for an undisclosed amount in a bid to boost its social, mobility, analytics, and cloud services (SMAC) portfolio.

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Irish energy investor Tom O'Gorman buys Blarney Golf Resort for €2.5M

Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.

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PwC report says metals sector M&A decline 30% last year

Last year was a sleepy one for mergers and acquisitions in the metals sector with only 357 metal deals completed compared to the 507 deals from the previous year, the Financial Times reported citing figures released by PwC.

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Growing investor demand for European property cause concerns of new bubble- report

A rising demand for property in Europe has led to a race for acquisitions, fueling rising demand and concerns of a new bubble, the Financial Times reported.

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Digital assets should be part of our wills -study

Social media accounts and internet downloads should be considered part of a person's estate and be included in wills to be handed down as inheritance.

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US distressed debt investors eye leveraged buyouts in Europe

The leveraged buyouts in Europe are surging as US distress investors purchase existing bank loans at steep discounts and move to take over the companies by exchanging their debt for equity in "loan-to-own" deals in the wake of the financial crisis.

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Kuwait's St. Martins Group pays GBP1.7 billion for mayor's office in London

St. Martins Group, Kuwait's property investment vehicle in the UK, has paid around GBP1.7 billion to purchase the More London complex which includes Mayor Boris Johnson's headquarters.

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