LONDON--(BUSINESS WIRE)--Grant Thornton announced today that Punongbayan & Araullo will continue as the Philippine firm of Grant Thornton, after the cancellation of a proposed merger with the Philippine firm of Deloitte Southeast Asia Ltd., Navarro Amper & Co.
Ed Nusbaum, global CEO of Grant Thornton said, "We have a strong global strategy and provide the right environment for ambitious, dynamic firms to unlock their potential for growth. I look forward to continuing to work with Maria Victoria Españo and her Punongbayan & Araullo team for many years to come."
Punongbayan & Araullo Chair and CEO Maria Victoria Españo said: "We came to realise that our domestic strategy better aligns with the Grant Thornton global strategy. At Grant Thornton, we are able to maintain our entrepreneurial spirit and flexibility and, at the same time, work towards common global goals that we have helped to establish.”
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