Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Accenture considers $1.5b sale of China business: report

Accenture is considering selling its China business for up to US$1.5 billion, according to people familiar with the matter.

Accenture hired JP Morgan to review the China unit after receiving unsolicited interest over the past year, the report said. It may retain a significant minority stake, while private equity firms and other companies could bid for the business.

The report could not be immediately verified. Accenture and JP Morgan did not immediately respond to requests for comment.

Accenture’s Greater China operations include mainland China, Hong Kong, and Taiwan. The company recently forecast full-year 2027 revenue growth of 3% to 6%.

Foreign consulting firms in China have faced raids and data-related scrutiny in recent years.

Any transaction could face regulatory complexity as China has tightened rules for mergers and acquisitions.

🔗 Source: Reuters

Recent Accenture developments

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.

How would you feel if you could no longer use Tech in Asia?