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BRIEF-Conduent Plans To Divest Up To $500 Mln In 2018 Revenue Associated With Non-Core Assets Across Company

Published 2018-04-30, 08:37 a/m
BRIEF-Conduent Plans To Divest Up To $500 Mln In 2018 Revenue Associated With Non-Core Assets Across Company

April 30 (Reuters) - Conduent Inc CNDT.N :

* PRESS RELEASE - CONDUENT ANNOUNCES AGREEMENT TO SELL NON-CORE CONSULTING AND ACTUARIAL SEGMENT OF HUMAN RESOURCE SERVICES BUSINESS

* CONDUENT INC - PLAN TO DIVEST UP TO $500 MILLION IN REVENUE IN 2018 ASSOCIATED WITH NON-CORE ASSETS ACROSS COMPANY.

* CONDUENT INC - CONDUENT WILL RETAIN CERTAIN ASSETS IN LINE WITH ITS CORE TECHNOLOGY PLATFORM BUSINESS

* CONDUENT INC - DEAL ALSO INCLUDES HUMAN RESOURCE CONSULTING AND OUTSOURCING BUSINESSES LOCATED IN CANADA AND U.K.

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