Conduent Completes Sale of its Curbside Management and Public Safety Businesses to Modaxo
Conduent Incorporated (CNDT)
Last conduent incorporated earnings: 2/20 04:05 pm
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Source: Business Wire
Sale demonstrates continued progress in Conduent’s strategy to streamline its portfolio to drive increased focus on its core capabilities and enable synergistic growth FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced it has successfully completed the sale of its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a division of Constellation Software Inc. (TSX: CSU). The signing of the transaction was announced on December 28, 2023. The sale has a purchase price of $230 million.“This divestiture marks another significant step in our efforts to concentrate on our core capabilities and foster growth that benefits both our shareholders and clients,” said Cliff Skelton, Conduent President and CEO. “With the completion of this sale, our focus remains on a smooth transition for our team members and clients as we continue to execute our growth strategy and
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CNDT
Earnings
- 5/1/24 - Beat
CNDT
Sec Filings
- 5/14/24 - Form 8-K
- 5/6/24 - Form 8-K
- 5/2/24 - Form 10-Q
- CNDT's page on the SEC website