Conduent receives $85M in second tranche of HSA portfolio transfer to HealthEquity

CONDUENT Inc

Second tranche closed April 11, 2024; Conduent received $85 million from HealthEquity.
Transferred approximately 134,000 HSAs with $555 million in HSA assets to HealthEquity.
Transfer is continuation of deal announced September 19, 2023 for BenefitWallet portfolio.
Proceeds reflect completion of a major milestone in the asset sale agreement.

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