Brief: Cannae Holdings Announces Agreement To Wind Down Management Services Agreement

Cannae Holdings

27/02/2024 11:28

Feb 27 (Reuters) - Cannae Holdings Inc  CNNE.N :
    * CANNAE HOLDINGS, INC. ANNOUNCES AGREEMENT TO WIND DOWN
MANAGEMENT SERVICES AGREEMENT
    * CANNAE HOLDINGS INC: AGREED TO WIND DOWN ITS MANAGEMENT
SERVICES
AGREEMENT WITH TRASIMENE CAPITAL MANAGEMENT
    * CANNAE HOLDINGS INC - EXPECTS TRANSACTIONS TO BE
MARGINALLY
ACCRETIVE TO NET ASSET VALUE PER SHARE UPON EFFECTIVE DATE OF
JULY 2, 2024
    * CANNAE HOLDINGS INC - RYAN CASWELL WILL CEASE TO BE A
MEMBER OF
TRASIMENE AS OF JULY 2, 2024, AND WILL CONTINUE TO SERVE AS
PRESIDENT OF COMPANY
    * CANNAE HOLDINGS INC - EXPECTS TRANSACTIONS TO BE
MARGINALLY
ACCRETIVE TO NET ASSET VALUE PER SHARE UPON EFFECTIVE DATE OF
JULY 2, 2024
    * CANNAE HOLDINGS - WILLIAM P. FOLEY, II WILL SERVE AS CHIEF
EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, AND CHAIRMAN OF
CANNAE'S BOARD OF DIRECTORS

Source text for Eikon:  ID:nBw3xt2sVa 
Further company coverage:  CNNE.N 

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