New Delhi, July 20 (IANS) Professional services firm KPMG in India on Thursday said that it will merge the transactions (M&A) and risk consulting businesses of BMR. Also Read - Black Fungus Declared Epidemic in Delhi - What Does This Mean?

According to the company, the merger will combine the strengths of both the organisations across corporate finance, transactions tax, transaction support and risk consulting businesses. Also Read - Coronavirus in India News And Updates: Take Action Against Those Engaging in Black Marketing of Oxygen and Medicines, HC tells Delhi Govt

“The combined domain expertise of the two firms will significantly enhance KPMG’s impact in the Indian market, strengthening our ‘One M&A’ initiative and our risk consulting offerings,” Arun M. Kumar, Chairman and CEO, KPMG in India, commented, Also Read - Rhea Chakraborty Expresses Gratitude Towards 'Covid Warriors', Says 'Let's Go Mumbai'

“We are confident that our current and prospective clients will derive immense value from the strengths that our new colleagues will bring to our firm.”

The firm added that with the merger it will secure its position as one of the most respected transactions teams in the country.

This is published unedited from the IANS feed.