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  • PwC spin-off Vialto to restructure $1.5 bln debt after cost overruns, FT reports

PwC spin-off Vialto to restructure $1.5 bln debt after cost overruns, FT reports

Vialto, the global tax and immigration consultancy that used to be part of PwC, is planning to restructure $1.5bn of debt loaded on to the business in a private equity buyout just two years ago, after running into financial difficulty following its separation from the Big Four firm.