Conduent’s Sale of its Commercial Vehicle Operations Business to Investment Funds Managed by Alinda Capital Partners

On May 18, 2018, Conduent Incorporated (“Conduent”) announced that it has entered into a binding agreement to sell its commercial vehicle operations (CVO) business to investment funds managed by Alinda Capital Partners. Cravath is representing Conduent in connection with the transaction.

The Cravath team is led by partner Robert I. Townsend III and includes foreign associate attorney Henrik Dock and associates C. Daniel Haaren, Brendan M. Cottington, Stephanie M. Park and Saagar Kaul on M&A matters; partner Eric W. Hilfers and associate Daniel P. Herrmann on executive compensation and benefits matters; associate Kiran Sheffrin on tax matters; partner David J. Kappos and associates Joel Feigenbaum and Jessica M. Goodman on intellectual property matters; partner Stephen M. Kessing on financing matters; partner Margaret Segall and senior attorney Jesse M. Weiss on antitrust matters; and senior attorney Joyce Law and practice area attorney Brian M. Budnick on real estate matters.