UPDATE 1-Accenture to incorporate in Ireland

Tue May 26, 2009 10:45pm BST
 
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LOS ANGELES, May 26 (Reuters) - Technology outsourcing and consulting firm Accenture Ltd (ACN.N) said on Tuesday its board unanimously approved changing its place of incorporation to Ireland from Bermuda.

Accenture said it does not expect any material change in its operations, financial results or tax treatment due to the proposed move and plans to stay registered with the U.S. Securities and Exchange Commission.

It expects the move to take effect shortly after shareholder approval. Shareholders will vote on the move at meetings within the next three to four months.

Accenture said it has a 40-year history in Ireland, with various clients including the Irish government. (Editing by Matthew Lewis)

 

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