Deloitte Partners to Vote on Restructuring European Business

Deloitte is planning to create a new Europe, Middle East and Africa business unit in a move aimed at building scale and boosting technology investment.

Management at Deloitte firms in the region have signed a letter of intent to create the new structure, according to people familiar with the situation.

However, the plans are subject to approval by partners at the national firms, the people said, asking not to be named as the plans are private.

Accounting firms, traditionally run as independent partnerships sharing brands across borders, have consolidated in recent years to save on overlapping costs, boost business investment ...