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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 7.040+2.3%Nov 5 3:59 PM EST

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To: richardred who wrote (7098)9/4/2024 8:36:02 AM
From: E_K_S   of 7242
 
Conduent Completes Sale of Its Casualty Claims Solutions Business to MedRisk

FLORHAM PARK, N.J., September 04, 2024--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today...

"This completed divestiture is the third in our portfolio optimization plan, allowing us to further improve our balance sheet and advance our capital allocation strategy," said Cliff Skelton, President and Chief Executive Officer at Conduent. "Our priority now is to ensure a seamless transition for our teammates and our clients."


The transaction was initially announced on May 3, 2024.
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