Accenture explores USD 1.5 billion China sale as Accenture stock trades at EUR 212.20 - ad-hoc-news.de
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Accenture plc (ISIN IE00B4BNMY34) was trading at EUR 212.20 at Lang & Schwarz on October 20, 2026 at 9:44 a.m. CEST. Economic Times reported on October 19, 2026 that Accenture had hired JPMorgan to explore a potential sale of its Greater China business, which could be valued at up to USD 1.5 billion. The review covers mainland China, Hong Kong and Taiwan, and follows unsolicited interest received over the past year, according to the Economic Times. The report said Accenture could retain a significant minority stake, while a transaction is not guaranteed. The possible valuation is small beside the group's fiscal 2026 revenue of USD 74.18 billion. On October 1, 2026, Accenture reported fiscal 2026 revenue of USD 74.18 billion, up 6.00 percent in U.S. dollars, and fourth-quarter revenue of USD 18.68 billion, up 6.00 percent, in its official release. On October 14, 2026, the company presented fiscal 2029 growth goals, including mid-single-digit local-currency revenue growth for fiscal 2027 and fiscal 2028, according to StockTitan. The October 19, 2026 China review is the latest event and adds a portfolio decision to the growth discussion. Accenture's fiscal 2026 adjusted operating margin was 15.80 percent, 0.20 percentage points above the adjusted fiscal 2025 margin, while adjusted earnings per share rose 8.00 percent to USD 13.97, according to StockTitan. The combination...
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