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Accenture Partners Vote to Proceed with Initial Public Offering -- Accenture Files Registration Statement with SEC.


Business Editors

DALLAS--(BUSINESS WIRE)--April 19, 2001

Accenture announced today that its partners have voted overwhelmingly to proceed with an initial public offering. Accordingly, it has filed a registration statement with the Securities and Exchange Commission for a proposed offering of Class A common shares.

Accenture's newly issued shares will be offered by an underwriting syndicate Underwriting syndicate

A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter.


underwriting syndicate

See syndicate.
 led by joint book-running managers Goldman, Sachs & Co. and Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite. .

Joe W. Forehand forehand

the head, neck, shoulders, withers and forelimbs of the horse.
, Accenture managing partner and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "Our partners' decision reflects our organization's commitment to enhance our long-term growth, strengthen our ability to deliver the highest-value solutions to our clients and continue to provide competitive rewards to motivate and attract the best people."

Accenture is the world's leading provider of management and technology consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 and solutions. More than 70,000 people in 46 countries deliver a wide range of specialized capabilities and solutions to clients across all industries. Under its strategy, Accenture is building a network of businesses to meet the full range of client needs -- consulting, technology, outsourcing, alliances and venture capital. Accenture's home page address is www.accenture.com

A registration statement relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the offering has been filed with the Securities and Exchange Commission but has not yet become effective. The shares may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the shares in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This announcement appears as a matter of record only and should not be taken as an inducement Inducement
Electra

incited brother, Orestes, to kill their mother and her lover. [Gk. Myth.: Zimmerman, 92; Gk. Lit.: Electra, Orestes]

Hezekiah

exhorts Judah to stand fast against Assyrians. [O.T.
 or solicitation to subscribe for shares in any subsequent initial public offering.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 19, 2001
Words:312
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