Conduent Completes Sale of Its Public Transit Business to Modaxo

.bwalignc { text-align: center; list-style-position: inside } $164 million transaction advances Conduent’s strategy to simplify its portfolio and sharpen its focus Conduent Incorporated (Nasdaq: CNDT), a global technology-driven business solutions and services provider, today announced that it has completed the sale of its Public Transit Business to Modaxo, a global technology organization focused on moving the world’s people. The transaction has a base purchase price of $164 million, subject to customary adjustments. Conduent announced the agreement on May 21, 2026.