Modaxo France Holdings SAS to acquire Conduent Transport Solutions, Inc.

Modaxo France Holdings SAS has agreed to acquire Conduent Transport Solutions, Inc. in a cash asset sale. The transaction, valued at 164 million US dollars, was announced on 21 May 2026. This deal involves the purchase of specific assets from the US-based logistics and transport company by the French holding entity. The consideration is structured entirely in cash, reflecting a straightforward acquisition approach for the identified assets.

The completion of the transaction is scheduled for 1 October 2026. As of the latest reporting, the deal has been successfully completed. This acquisition allows Modaxo to integrate the selected transport solutions assets into its existing portfolio. The process concluded without reported delays or additional regulatory hurdles beyond standard procedures. The final status confirms the transfer of ownership and assets is now finalized. No further steps are required for this specific transaction. The parties have fulfilled all necessary conditions for the asset sale to take effect.