---
schema_version: "secwatch.filing_event.v1"
accession: "0001677703-24-000126"
form_type: "8-K"
ticker: "CNDT"
cik: "0001677703"
company_name: "CONDUENT Inc"
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:27:21.745873+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Conduent completes sale of Casualty Claims Solutions to MedRisk for $224M cash

## Summary
- Sale closed Sept 1, 2024; Conduent received $224M in cash, subject to post-closing adjustments expected in H1 2025.
- Proceeds primarily used for debt repayment; pro forma shows $150M debt retired and $147M increase in retained earnings.
- This is the third divestiture in Conduent's portfolio optimization plan, focusing on core capabilities and growth.
- Conduent will continue to provide mailroom services for casualty claim clients and serve MedRisk as a client.
- Pro forma revenue for 2023 would have been $3,323M vs $3,722M historical, reflecting the business removal.

## SEC filing metadata
- accession: 0001677703-24-000126
- form_type: 8-K
- ticker: CNDT
- cik: 0001677703
- company_name: CONDUENT Inc
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000126/0001677703-24-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000126/cndt-20240901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001677703-24-000126
- JSON: https://secwatch.observer/filing/0001677703-24-000126.json
- Plain text: https://secwatch.observer/filing/0001677703-24-000126.txt

## Key facts
- M&A Transactions
  CONDUENT Inc completed a disposition involving CP VI Bella Blocker TopCo, LLC for $224 million in the form of cash consideration (closed 2024-09-01).
  - Action: disposition
  - Counterparty: CP VI Bella Blocker TopCo, LLC
  - Consideration: $224 million in the form of cash consideration
  - Closing: 2024-09-01
  source text: On September 1, 2024, the Sale was completed and the Company received $224 million from the Buyer in the form of cash consideration
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677703/000167770324000126/0001677703-24-000126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.