Bunzl ditches KPMG as auditor

Distribution and outsourcing firm Bunzl yesterday said it had dropped KPMG as its auditor and hired PwC in its place. The FTSE 100-listed company said in last year’s annual report that it intended to hire a new auditor, to comply with good governance practice, following KPMG’s tenure as auditor that has spanned almost three decades. The appointment of PwC as an auditor after this year will be subject to approval by shareholders at next year’s annual meeting.

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