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Grant Thornton Australia’s almost 200 partners will vote on a $1 billion buyout by its parent entity.
Grant Thornton Australia's partners will vote on a $1 billion buyout by its parent entity.
KEY POINTS
- The disclosed buyout value of $1 billion exceeds previous speculation of $800 million.
- Each of the nearly 200 partners is expected to receive about $5 million from the deal.
- Grant Thornton Advisors, the buyer, is majority owned by New Mountain Capital, a private equity group.
COMPANIES
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