PricewaterhouseCoopers today announced that, following an affirmative vote of its member firms, PwC Consulting has filed for an initial public offering under the name PwCC Limited.
PwC Consulting has previously announced that it has begun the process of changing its name and brand identity, and expects to announce its new name prior to the offering. PwC Consulting operates the management consulting and technology services businesses of the PricewaterhouseCoopers network of firms.
The Class A common shares will be offered by PwCC and by some of its shareholders. Morgan Stanley will act as sole book-running manager for the offering.
The IPO is expected to take place by early August 2002.