secwatch.observer — SEC 8-K summary
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Issuer:     Cannae Holdings, Inc. (CNNE)
CIK:        0001704720
Form:       8-K
Filed at:   2022-10-12T23:59:59+00:00
Accession:  0001704720-22-000062
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Cannae terminates €523M debt commitment to John Textor for Olympique Lyonnais acquisition
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- Cannae terminated a commitment letter for a credit facility of up to €523M to John Textor.
- The facility was to fund Textor's acquisition of equity interests in Olympique Lyonnais Groupe SA.
- Termination effective October 11, 2022; no reason disclosed in the filing.
- Cannae had previously reported the commitment on June 20, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1704720/000170472022000062/0001704720-22-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1704720/000170472022000062/cnne-20221011.htm
  HTML page:      https://secwatch.observer/filing/0001704720-22-000062

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