Accenture weighs $1.5 billion sale of Greater China operations amid AI shift, hires JPMorgan for review: Report
New Delhi, Oct. 19 -- Accenture is reportedly considering selling its Greater China business in a deal that could value the operations at up to $1.5 billion.
According to a Financial Times report, the potential divestment is part of the company's broader effort to sharpen its strategic focus amid growing uncertainty about how artificial intelligence (AI) will reshape the industry.
Accenture has enlisted JPMorgan to explore options for the unit, which encompasses mainland China, Hong Kong, and Taiwan, after receiving unsolicited interest over the past year, FT reported.
Private equity firms and a select group of strategic buyers are expected to evaluate a potential acquisition.
The report suggested that Accenture might retain a signifi...
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