Corpay Completes Sale of UK Vehicle Maintenance Business
Corpay completed the sale of its UK-based vehicle maintenance business to OEConnection, a Francisco Partners portfolio company.
Story updates
09:00:45 PM UTC
SquawkNews
Corpay completed the sale of its UK-based vehicle maintenance business to OEConnection. The divestiture is expected to be neutral to 2026 Cash EPS outlook, with share repurchases offsetting the earnings contribution; its impact is included in updated guidance.Material DetailsContext by AI AnalystTh…