Cannae Holdings, Inc. (CNNE): M&A transaction — Cannae receives $630M from Dun & Bradstreet sale; plans $500M capital return

Cannae Holdings, Inc.

Total proceeds of $630M from D&B sale: $540.3M at closing + $90M from 10M shares sold in Q2 2025.
Plans to deploy $500M: $300M share repurchases, $60M for future dividends, and margin loan repayment.
Will invest $67.5M to increase JANA Partners stake to 50%; also $30M in JANA funds and $25M in Black Knight Football.
Invests $25M in Black Knight Football capital raise; multi-club operator showing strong success.
Annual shareholder meeting set for Dec 12, 2025; proxy deadline for proposals Sep 5, 2025.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Cannae Holdings, Inc. completed a disposition involving Clearlake Capital Group, L.P. for $540.3 million (closed 2025-08-26).

Action: disposition
Counterparty: Clearlake Capital Group, L.P.
Consideration: $540.3 million
Closing: 2025-08-26

Exact text from the filing

common stock they owned. In conjunction with the D&B Sale, Cannae Holdings, Inc. (the "Company") disposed of all of its equity interests in D&B for aggregate cash proceeds of $540.3 million (the "D&B Disposition") and no longer holds any ownership interest in D&B. Additional information regarding the D&B Sale can be found in D&B’s filings with the Securities and

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32 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Cannae Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001704720-25-000091

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