New York (Sept. 14, 2004) — Emerging Markets Group Inc., a 20-year-old unit of Deloitte Touche Tohmatsu that provides international consulting services, has been acquired by its senior management and is now an independent concern.

Terms were not disclosed.

The new owners of EMG include Margaret (Andy) Dijkerman, who succeeded Rick Andrews as EMG chief executive, EMG chair Teresa Mastrangelo, Anthony Sinclair, Robin McPhail and Andrews.

Emerging Markets Group, an integrated development consulting firm offers solutions in financial services, private sector development, agribusiness, trade, infrastructure, health care, sustainable tourism and public sector reform.

— WebCPA staff

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