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Conduent agrees to sell tolling business to Quarterhill for $70 million

PUBT·06/30/2026 12:23:28
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Conduent agrees to sell tolling business to Quarterhill for $70 million
  • Conduent agreed to sell its Tolling business to Quarterhill for USD 70 million in cash.
  • Quarterhill will assume most related liabilities, including all surety bond obligations.
  • Conduent will receive a 7% interest in Quarterhill, with registration rights and a board observer right.
  • The deal is expected to close before the end of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Conduent Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260630433084) on June 30, 2026, and is solely responsible for the information contained therein.