Adersen-Thailand plans to affiliate KPMG International to emphasize market leader image and to expand services

Bangkok--4 Apr.--IMC COMUNICATIONS Andersen - Thailand has a progress in merging discussion with KPMG - Thailand following a plan to affiliate KPMG Internation, one of the big five professional accounting firms. After the merger, the new firm will be outstanding in term of quality and the world class services including assurance, corporate finance, legal and tax consulting. Furthermore, clients and employees from both sides will earn the maximum benefit. This global network will continuously act as "One of the world professional services." Mrs. Kaisri Nithikarnphisitha, country managing partner, Andersen - Thailand, said "We reached a preliminary agreement to combine the operations last month. Meanwhile, Anderson - Thailand and KPMG - Thailand are subject to due diligence and study rules and litigation issues. If the deal goes through, the agreement should be finalized in June. Then, the merger plans will be launched in October." Mrs. Kaisri additionally added that the confidence and the important reason in this merger are derived from the concurrence in strength and integrity in term of management structure, policy and philosophy of two firms in both local and international levels. Moreover, the potential and experience of management and sevice team, technology and service lines of the two firms are not significantly different. As a result, the negotiation to find the best solution in this merger has been proceeded for a period of time. Lately, there is a high potential for both Andersen and KPMG in Thailand to accomplish the deal, which will drive the status of the firm to be one of the leader in business consulting market both in Thailand and worldwide. After the merger, the number of employees comprising of partner and staff will reach more than 1,000. The merger will create a huge professional team compiling of high qualified, professional skilled and global experiecnced staff. The merger will also provide variety of services, which will better respond to the needs of clients. The broad network and experts in each service line will effectively support how to serve clients. The improvement in professional and technology will move fast with stronger supports on both financial and other factors while the limitation is minimal. Both firms believe the merger will ultimately benefit clients, employees and the two firms. End. -SS-

• ข่าวKPMG International
• ข่าวKPMG Thailand
• ข่าวMG Thailand
• ข่าวo:loc
• ข่าวen