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Xerox completes Conduent separation

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Xerox completes Conduent separation

Xerox completes Conduent separation*/

– Xerox completes Conduent separationPhoto: Richard Drew / Associated Press Image 1 of / 4 Caption Close Image 1 of 4 Conduent CEO Ashok Vemuri, center, is applauded as he rings opening bell of the New York Stock Exchange, to mark his company’s spinoff from Xerox, Tuesday, Jan. 3, 2017.The stock market opened the year on a strong note, led by big gains in banks and energy companies.(AP Photo/Richard Drew)) less Conduent CEO Ashok Vemuri, center, is applauded as he rings opening bell of the New York Stock Exchange, to mark his company’s spinoff from Xerox, Tuesday, Jan. 3, 2017.
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Conduent Inc completes demerger from Xerox Corp

Conduent Inc completes demerger from Xerox Corp*/

– The Conduent management team will ring the bell at the NYSE todayThe outsourcing specialist will make its market debut assured of a place in the Fortune 500(NYSE:CNDT) has completed its demerger from Corp ( ).The business process services company’s shares will be listed on the New York Stock Exchange today, and the management team has been invited to ring the bell to announce the start of trading.The company’s services include digital payment solutions, the provision of car parking technologies to local authorities and the processing of child support payments.
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Conduent CEO Ashok Vemuri Talks Splitting From Xerox

Conduent CEO Ashok Vemuri Talks Splitting From Xerox*/

– Ashok Vemuri, chief executive officer of Conduent Inc., center, smiles as Tom Farley, president to the NYSE Group Inc., center right, applauds during the opening bell at the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Jan. 3, 2017.Ashok Vemuri, chief executive officer of Conduent Inc., center, smiles as Tom Farley, president to the NYSE Group Inc., center right, applauds during the opening bell at the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Jan. 3, 2017.Michael Nagle—Bloomberg via Getty ImagesIt’s a new beginning for Xerox’s spawn.
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Xerox Corp. (XRX) Completes Conduent (CDNT) Spinoff

Xerox Corp. (XRX) Completes Conduent (CDNT) Spinoff*/

– Xerox (NYSE: XRX) today announced it has completed the separation of Conduent Incorporated (NYSE: CNDT), creating two market-leading, publicly- traded companies.“Today is an historic day for Xerox.The successful completion of the separation sharpens our market focus and commitment to our customers,” said Xerox CEO Jeff Jacobson.
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Xerox spins off $6.7 billion analytics and business process specialist Conduent

Xerox spins off $6.7 billion analytics and business process specialist Conduent*/

– Xerox on Jan. 3 announced that its business process services unit is has now become an independent and publicly-traded entity known as Conduent.”As a standalone company, Conduent will bring a more refined focus, knowledge, depth and understanding to be an essential partner to healthcare organizations,” said Rohan Kulkarni, vice president of strategy and portfolio at Conduent Health.Conduent, which estimated it will bring in $6.7 billion in annual revenue, will also offer the same technologies and services that Xerox offered, including the Midas+ healthcare analytics and workflow package, Care Integration Services, Health Outcomes Services, and the array of Virtual Health Solutions, including telehealth offerings.
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