Accenture reportedly looks to sell Chinese operations for up to $1.5 billion
ACN•Accenture is looking to sell its Chinese operations for up to $1.5 billion, reportedly after receiving unsolicited interest in the unit over the past year. The company has hired JPMorgan to work on a strategic review and may retain a significant minority stake.
1. Strategic review
Accenture is looking to sell its Chinese operations for up to $1.5 billion after receiving unsolicited interest in the unit over the past year, the Financial Times reportedly said, citing people familiar with the matter. Accenture has hired JPMorgan to work on a strategic review.
2. Potential buyers
The sale process is likely to draw interest from private equity groups and a small cluster of strategic buyers. Accenture may opt to retain a significant minority stake in the business.
3. Greater China business
Accenture’s Greater China operations include Taiwan, Hong Kong and mainland China. The consultancy recently forecast full-year 2027 revenue growth between 3% and 6%, above analysts' estimates.
