Accenture reportedly considers selling its China business for up to 1.5 billion USD

Accenture is reportedly contemplating the sale of its China business, with a valuation of up to 1.5 billion USD. This information was revealed by sources to a financial publication. Over the past year, the company has received numerous inquiries regarding the acquisition of its Chinese operations.

In response to this interest, Accenture has engaged JPMorgan to conduct a strategic review of its business in Greater China, which may reach a valuation of 1.5 billion USD. The sale is expected to attract interest from private equity firms and select strategic investors. To ensure a smooth transition for clients, Accenture might retain a significant minority stake in the business.

The potential divestiture comes amid significant volatility in Accenture's stock price, leading to debates among investors about the impact of AI on the company's future. ITHome reported the story.