Urgent.News

What's breaking now, across thousands of outlets.

Business

Accenture explora la venta de su negocio en China por 1.300 millones

Ha encargado a JP Morgan una revisión estratégica de su negocio en el gigante asiático. Leer

Accenture explora la venta de su negocio en China por 1.300 millones

Accenture is exploring the potential sale of its China operations for approximately $1.5 billion (1.334 billion euros), according to information from The Financial Times and sources close to the situation. The company has engaged JP Morgan to conduct a strategic review of its Chinese business. These moves come amid increased inquiries from investors about the impact of artificial intelligence on Accenture's operations.

The strategic review by JP Morgan is not necessarily leading to an immediate sale, but it could attract interest from various private equity groups and strategic buyers. Accenture intends to retain a significant minority stake in its China business to ensure the continuity of services for its clients in the Asian giant. However, the strategic review by JP Morgan does not guarantee a sale.

This potential divestiture comes after Accenture's stock has experienced significant fluctuations in recent months due to investor debate over the impact of AI on the company. Accenture argues that businesses will increase demand for its services to facilitate the implementation of this technology. However, more pessimistic voices suggest that AI could lead many of Accenture's clients to replace consultants and internalize certain functions and tasks before subcontracting them.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

More from Sunday 18 October →