
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.

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.

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.

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.