Accenture has hired JPMorgan to review options for its Greater China operations after receiving unsolicited interest, as the consultancy reassesses its global portfolio.
Accenture is exploring a sale of its Chinese operations in a deal that could value the business at as much as $1.5bn, according to a Financial Times report cited by City A.M. The consultancy has asked JPMorgan to review strategic options after drawing unsolicited interest over the past year, although people familiar with the matter said a transaction is far from certain. The business under review covers mainland China, Taiwan and Hong Kong, and potential bidders are expected to include private equity groups as well as a limited number of strategic buyers.
The move comes as Accenture has been signalling a more active approach to portfolio management. At a recent investor event, chief financial officer Angie Park said the company has a history of leaving lines of business, geographies and contracts that no longer meet its financial or strategic goals. That message has taken on added weight after the group’s latest results reassured investors about demand and eased concerns that artificial intelligence could weaken consulting revenues more sharply than expected.
Accenture’s share price jumped after those results, posting its biggest one-day gain on record on 1 October, when investors reacted to a better-than-feared outlook and a forecast of full-year revenue growth of between 3% and 6% for the 2027 financial year. The company also said it expects to return at least $9.5bn to shareholders in cash. Even so, the possible disposal of the Greater China unit would underline how multinational firms are reassessing their exposure to China, particularly as geopolitical tensions and the restructuring of the global technology market continue to reshape corporate strategy. Accenture operates in 120 territories worldwide, and its wider Asia-Pacific business generated about $10bn in revenue last year, according to the company’s figures.
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