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Conduent’s $240 Million Power Move: Empowering Transition to MedRisk Spells Success in the Third Quarter

  • Byfinplate.co
  • Published On4 May 2024
Conduent (NASDAQ:CNDT) is selling its casualty claims solutions business to MedRisk for $240 million in cash, with Conduent employees in the unit transitioning to MedRisk, while continuing to offer mailroom services for current clients, including MedRisk, with the deal set to conclude in the third quarter of 2024.
  • In The Spotlight

Antitrust Shock: Haynes International Deal Faces Intense Review as Regulators Hit the Brakes on $970 Million Acquisition

  • Byfinplate.co
  • Published On3 May 2024
Haynes International (NASDAQ:HAYN) saw a 1.7% drop as Austria's antitrust regulator initiated a Phase II probe into the planned sale to a subsidiary of Acerinox (OTCPK:ANIOY), expressing competition concerns and prompting a more in-depth examination by the Cartel Court.
  • In The Spotlight

Exxon’s $60 Billion Power Move: FTC Nears Approval with 1 Surprising Condition

  • Byfinplate.co
  • Published On2 May 2024
The Federal Trade Commission is set to approve Exxon Mobil's $60B acquisition of Pioneer Natural Resources with minor concessions, though Politico suggests it may hinge on Pioneer's founder not joining Exxon's board due to allegations of collusion.
  • In The Spotlight

Revolutionary Acquisition: Genuine Parts Company Seals Mega Deal for 181 NAPA Auto Parts Stores

  • Byfinplate.co
  • Published On1 May 2024
Genuine Parts Company (NYSE:GPC) acquires Motor Parts & Equipment Corporation (MPEC), the largest independent owner of NAPA Auto Parts stores in the U.S., to strengthen its U.S. Automotive business.
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