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Slide #56. Accenture — Majority Stake in Vivere Brasil
Majority Stake in Vivere Brasil
Accenture (NYSE:ACN) has completed its acquisition of a majority stake in Vivere Brasil Servios e Solues S.A. (Vivere Brasil), a leading mortgage-processing technology company. The acquisition will enable Accenture to expand its mortgage-services capabilities and help banks increase their efficiencies and capacity for processing loans in Brazil's rapidly growing mortgage market.
Accenture is a services company. Co.'s operating groups are: Communications, Media and Technology, which serves communications, media, high tech, software and platform companies; Financial Services, which serves the banking, capital markets and insurance industries; Health and Public Service, which serves healthcare payers and providers, government departments and agencies, public service organizations, educational institutions and non-profit organizations; Products, which serves a set of interconnected consumer-relevant industries such as life sciences; and Resources, which serves the chemicals, energy, forest products, metals and mining, utilities and related industries.
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Buy (3.25 out of 4)
(ranked higher than approx. 52% of all stocks covered)
Based on Zacks ABR data;
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