ACCENTURE WEIGHS $1.5 BILLION SALE OF ITS CHINA CONSULTING BUSINESS

Summary from the TLDR IT newsletter

Accenture has hired JPMorgan to explore the sale of its Greater China consulting operations in a deal potentially worth up to $1.5 billion. The strategic review follows unsolicited interest and comes as Beijing restricts foreign consultants from advising state-owned enterprises. Meanwhile, Accenture is redirecting capital and focus toward expanding its artificial intelligence capabilities globally.