New Delhi, Oct. 18 -- Accenture is exploring a potential sale of its Greater China business in a deal that could value the operations at up to $1.5 billion, the Financial Times reported.

The IT consulting giant is looking to sharpen its strategic focus and convince investors it can benefit from the artificial intelligence boom, the report mentioned further.

The company has hired JPMorgan to advise on a strategic review of the business after receiving unsolicited interest in the unit over the past year, the report mentioned further, citing people familiar with the matter.

The potential sale could attract private equity firms and a limited number of strategic buyers, according to the report. Accenture may also retain a significant minori...