Processing timeline
24
days
Acquirer(s)
ERNST & YOUNG ABN - 75 288 172 749
Target(s) or Vendor(s)
EY BUSINESS SOLUTIONS PTY LTD ABN - 35 122 885 465, EY IDENTITY PTY LTD ABN - 64 007 086 348
Other parties
AP Fusion LP Limited Partnership
Ernst & Young Australia is acquiring the Australian EY Fusion business, comprising EY Business Solutions Pty Ltd and EY Identity Pty Ltd, from AP Fusion Holdings (Singapore) Pte Ltd. This business and assets sale consolidates artificial intelligence, data analytics, and cybersecurity services within Ernst & Young Australia's professional services offering.
Ernst & Young ( EY Australia ) forms part of the global EY network. EY Australia, together with its nominated wholly owned subsidiaries, proposes to acquire 100% of the business and assets of EY Business Solutions Pty Ltd and EY Identity Pty Ltd (together, the Australian EY Fusion business ) from AP Fusion Holdings (Singapore) Pte Ltd, a wholly owned subsidiary of AP Fusion LP Limited Partnership which holds such interest on behalf of the Hong Kong, Korea, Singapore and Malaysia EY member firms (EY Selling Member Firms), by way of a business and assets sale agreement. EY Australia provides professional services including assurance, consulting, strategy, transactions and tax services in Australia. The EY Fusion business provides artificial intelligence, data analytics services, including cybersecurity services, in Australia and New Zealand. EY Australia provides these services in Australia through the Australian EY Fusion business.