Accounting and consulting firm Pricewaterhouse Coopers said on Wednesday it struck a deal to buy corporate consulting firm Booz & Co., the latest in a string of mergers by global audit firms aimed at bulking up their fast-growing advisory businesses.
PwC ranked last year as the world's largest private professional services firm. It employs more than 184,000 people in 157 countries and took in $32 billion in revenue in its latest fiscal year.
Booz and PwC said the deal is subject to approval from Booz & Co.'s partner vote, scheduled for December. Financial terms were not disclosed.
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