Conduent sold its Commercial Vehicle Operations Business to Alinda Capital.

Conduent, the world's largest provider of diversified business services with leading capabilities in transaction processing, automation and analytics, sold its Commercial Vehicle Operations Business to Alinda Capital, one of the world's largest and most experienced infrastructure investment firms. Financial terms were not disclosed. "As we continue on our path focused on our core business to drive profitable growth and divest non-core assets, we made the decision to sell our CVO business," said Dave Amoriell, president, Conduent. "This sale will enable us to increase focus on advancing our technology platforms that will best serve our large enterprise customers and scalable business relationships."