Market Chatter: Conduent Considers Sale After Attracting Buyout Interest

MT Newswires Live

2025/02/10

Conduent (CNDT) is considering a sale after attracting acquisition interest, Reuters reported Friday citing people familiar with the matter.

The New Jersey-based outsourcing firm was spun out of Xerox (XRX) in 2016.

Conduent is working with a financial adviser on its talks with potential acquirers that include private equity firms, the sources said, adding that a deal could be signed in the coming weeks.

Conduent did not immediately respond to MT Newswires' request for comment on the matter.

The company's shares closed 12% higher on the news on Friday.

no bank

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4106","symbol_name":"數據處理與外包服務","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2510830954","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510830954","pubTimestamp":1739185359,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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