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Much like other professional services firms, each member firm is financially and legally independent.
Pw C is co-ordinated by a private company limited by guarantee under English law, called Pricewaterhouse Coopers International Limited.
Pw C's consultancy business was absorbed into IBM Global Business Services, increasing the size and capabilities of IBM's growing consulting practice.
These conflicts increased as additional services including outsourcing of IT and back office operations were developed.Pricewaterhouse Coopers (doing business as Pw C) is a multinational professional services network headquartered in London, United Kingdom.It is the second largest professional services firm in the world, As of 2015, 22% of the workforce worked in Asia, 26% in North America and Caribbean and 32% in Western Europe.Pw C Consulting began to conduct business under its own name rather than as the MCS division of Pricewaterhouse Coopers.Pw C therefore planned to capitalize on MCS's rapid growth through its sale to Hewlett Packard (for a reported billion) but negotiations broke down in 2000.
The Pricewaterhouse Coopers name was formed by the combination of the names of Price Waterhouse and Coopers & Lybrand, following their merger in 1998.