• Accountancy

EY Iceland in talks to join Deloitte

Deloitte said the combined entity would operate under the Deloitte brand and join the firm’s global network

The merger between EY and Deloitte is subject to the approval of the Icelandic Competition Authority

Alamy

EY’s Iceland firm is in talks to join Deloitte following the failure of the Big Four firm’s plan to split between its consulting and audit units.

Deloitte Iceland said in an 18 May statement that it is in merger talks with EY's Iceland arm.

“We believe there is great synergy in both the focus and operations of the firms,” Deloitte Iceland’s...