Cannae Holdings Inc. Announces Acquisition of Additional 30% Stake in JANA Partners, Expanding Strategic Relationship

Reuters
13 May
Cannae Holdings Inc. Announces Acquisition of Additional 30% Stake in JANA Partners, Expanding Strategic Relationship

Cannae Holdings, Inc. has announced a significant development in its portfolio transformation strategy with the planned acquisition of portfolio company Dun & Bradstreet by Clearlake Capital. The transaction is expected to close in the third quarter of 2025. As part of its strategic actions, Cannae has raised $101 million through the sale of public shares of Dun & Bradstreet earlier in 2024. Additionally, Cannae sold 9 million shares of Dun & Bradstreet in May 2025, generating $81 million intended for share repurchases and dividends. This move aligns with Cannae's ongoing efforts to unlock shareholder value and optimize its investment portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cannae Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250512031583) on May 12, 2025, and is solely responsible for the information contained therein.

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