KPMG photograph

KPMG

Use attributes for filter !
HeadquartersAmstelveen
Netherlands
Customer service00 800 5555 5522
Revenue34.64 billion USD
Number of employees207,050 (2018)
SubsidiariesKPMG Canada
KPMG Switzerland
KPMG Australia
KPMG India Private Limited
FoundersMarwick Mitchell & Co.
Klynveld Kraayenhof & Co.
Klynveld Main Goerdeler
William Barclay Peat & Co.
Ceo William B. Thomas
Phone 00 800 5555 5522
Founded1987
Number of employe265,000
Date of Reg.
Date of Upd.
ID538585
Send edit request

Related searches

kpmg careerskpmg internshipkpmg locationskpmg consultingkpmg indiakpmg bangalorekpmg accounting firmkpmg wikipedia

About KPMG


KPMG International Limited is a multinational professional services network, and one of the Big Four accounting organizations, along with Ernst & Young, Deloitte, and PwC. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG merged with Peat Marwick in 1987.

Sports Direct's Mike Ashley cancels Patisserie Valerie bid

Feb 16,2020 2:54 am

Mike Ashley 's Sports Direct has cancelled a bid for collapsed cafe chain Patisserie Valerie, just Two Days after making an offer.

The retail billionaire on Friday Evening .

Sports Direct offered £15m, But was told by administrator Kpmg it would need to offer up to £2m More Than this,

. Kpmg closed 70 outlets, But kept 121 open in The Hope of selling them.

Mr Ashley is thought to be facing several competing bids for Patisserie Valerie, including, according to reports, from Costa, the coffee chain bought by Coca-Cola last year.

The retail tycoon, who also owns English Premier League football club Newcastle United, made his name building budget chain Sports Direct into Britain's biggest sporting goods retailer.

He has since become known for buying up struggling retail chains and bought both Department Store chain House of Fraser and cycle shop Evans out of administration last year.

Sports Direct's sprawling High Street empire also includes lingerie chain Agent Provocateur as well as shareholdings in Debenhams, French Connection and Game Digital. Last week, it emerged as front runner to buy Sofa. com.

Patisserie Valerie collapsed after an accounting scandal which left The Firm without enough money to pay its debts.

Rescue talks with banks HSBC and Barclays to restructure The Business broke down, leaving no option But administration.

The Cafe chain employed about 3,000 staff, But some 900 jobs were lost in the initial wave of closures after Kpmg was appointed to run The Business on 22 January.

In addition to Patisserie Valerie, The Company 's other brands include Druckers Vienna Patisserie, Philpotts, Baker & Spice and Flour Power City.

The Serious Fraud Office is carrying out a criminal investigation into Patisserie Valerie and finance director Chris Marsh by The Company .

Also under investigation, by the Financial Reporting Council, are former Patisserie Valerie auditors Grant Thornton .



sports direct, mike ashley, patisserie valerie

Source of news: bbc.com

Related Persons

Next Profile ❯