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Conduent Announces Agreement to Sell Its Public Transit Business to Modaxo for $164 Million

Conduent Announces Agreement to Sell Its Public Transit Business to Modaxo for $164 Million

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology‑driven business solutions and services provider, today announced that it has entered into a definitive agreement to sell its Public Transit business, an operating unit of Conduent Transportation, to Modaxo, a global technology organization focused on moving the world's people. The Public Transit business consists of Transit Fare Management and Fleet Management Solutions businesses. The sale has a purc.

May 21, 2026 01:45 PM businesswire.com
Modaxo Enters into Agreement to Acquire the Public Transit Business from Conduent

Modaxo Enters into Agreement to Acquire the Public Transit Business from Conduent

TORONTO, May 21, 2026 (GLOBE NEWSWIRE) -- Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world's people, today announced that it has signed a definitive agreement to acquire the Public Transit Business, consisting of Transit Fare Management and Fleet Management Solutions businesses, from Conduent Incorporated. Completion of the acquisition remains subject to closing conditions.

May 21, 2026 01:41 PM globenewswire.com
Conduent Appoints Adam Demuyakor to Board of Directors

Conduent Appoints Adam Demuyakor to Board of Directors

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services company, today announced the appointment of Adam Demuyakor to its Board of Directors, effective June 1, 2026. Mr. Demuyakor brings experience in technology, strategic investing, and business transformation, with a track record of advising organizations on innovation, enterprise modernization, and growth. Mr. Demuyakor is Founder and Managing Partner of Wilshire L.

May 20, 2026 12:15 PM businesswire.com
Conduent to Report First-Quarter 2026 Financial Results on May 11, 2026

Conduent to Report First-Quarter 2026 Financial Results on May 11, 2026

FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services company, plans to report its first-quarter 2026 financial results on Monday, May 11, 2026 after market close. Management will present the results during a conference call and webcast at 5:00 p.m. ET. The call will be available by live audiocast along with the news release and online presentation slides at https://investor.conduent.com. The conference call will al.

Apr 27, 2026 09:30 AM businesswire.com

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