As investors debate if Accenture will be a winner or loser from AI, the company may be planning to say ‘goodbye’ to China, after receiving unsolicited …
Accenture is reportedly exploring a potential $1.5 billion sale of its operations in China. According to a report in Financial Times, ‘Chinese operations’ sale talks come as the world’s largest publicly traded IT consultancy Accenture sharpens its focus on faster-growing markets and seeks to reassure investors over its strategy in the artificial intelligence era.
The Dublin-headquartered company has enlisted JPMorgan to conduct a strategic review of the unit following unsolicited approaches over the past year, according to people familiar with the matter cited by the Financial Times.
