Management consultancy firm Teneo acquires PwC’s Australia business restructuring services unit, adding 80 team members. Stephen Longley to lead Teneo’s financial advisory Australia. CEO Daniel Butters sees growth potential in Australian and Asia-Pacific markets. Teneo’s financial advisory division employs nearly 600 globally, offering services like business restructuring and insolvency. New Brisbane office opening soon. Deal value undisclosed.

Read more at Yahoo Finance: Teneo acquires PwC’s Australia restructuring unit to expand financial advisory presence