There's something cooking in Denmark, folks, and it smells like a merger that will form the Big 3 1/2:
EY Denmark and KPMG Denmark have announced they are to combine operations
The proposed agreement between the fellow Big Four members is still subject to regulatory approval. As such both will continue to operate separately for the time being.
The merged firm will operate under the EY name as part of its Nordics Region.
“This agreement draws on the complementary strengths of EY and KPMG Denmark,” says Erik Mamelund, regional managing partner for EY Nordics.
“Until regulatory approval is obtained it would be premature to say anything further.”
Or, as the natives say, EY finansierer fusion med KPMG!