Shares in accounting firm Crowe Horwath surged on the news it had finalised an acquisition proposal from Financial Index Wealth Accountants for about $137 million, following five months of negotiations.
Accounting firm Crowe Horwath has entered into exclusive takeover talks with a partnership between wealth management group Financial Index Wealth Accountants and private equity firm KKR Asset Management, snubbing rival bidder Anchorage Capital Partners.
