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Accenture looks to sell Chinese operations for up to $1.5 billion, FT reports
The consultancy may keep a minority stake as private equity and strategic buyers weigh a unit valued at up to $1.5 billion, the report said.
- Accenture is considering selling its Chinese operations for up to $1.5 billion, according to the Financial Times, which cited people familiar with the matter.
- Accenture hired JPMorgan for a strategic review after receiving unsolicited interest in the business, but a sale has not been confirmed.
- The potential process could attract private equity groups and strategic buyers, while Accenture may retain a significant minority stake.
- Accenture’s Greater China operations include mainland China, Hong Kong and Taiwan, and the company forecasts 3% to 6% revenue growth for financial year 2027.
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Accenture weighs $1.5 billion sale of China business as AI push reshapes growth strategy: Report
Accenture is exploring a sale of its Greater China business for up to $1.5 billion, the Financial Times reported. The IT consulting giant has hired JPMorgan to advise on the review as it sharpens its focus on AI services and growth.
·New Delhi, India
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Coverage Details
Total News Sources19
Leaning Left0Leaning Right7Center8Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
C 53%
R 47%
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