KPMG US and UK units buy 33% stake in India’s KGS for $210 million in first Big Four captive divestiture
Mumbai: The US and UK entities of KPMG International paid $210 million (about ₹1,808 crore) to jointly acquire a 33% stake in KPMG Global Services (KGS), from the professional services giant’s member firm in India, said two people with direct knowledge of the matter. The deal marks the first divestiture of a Big Four captive…