|Bid||42.70 x 800|
|Ask||42.73 x 1200|
|Day's range||42.02 - 43.00|
|52-week range||20.51 - 46.57|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||2.72|
|Earnings date||22 Feb 2021 - 26 Feb 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||52.00|
Those following along with Cannae Holdings, Inc. ( NYSE:CNNE ) will no doubt be intrigued by the recent purchase of...
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that the Company, in conjunction with the announced Foley Trasimene Acquisition Corp. II (NYSE: BFT, BFT WS) ("Foley Trasimene") and Paysafe Group Holdings Limited ("Paysafe") definitive merger, invested $350 million as part of a private placement. This investment is in addition to Cannae’s forward purchase agreement of $150 million, both of which will occur concurrently with the closing of the Foley Trasimene and Paysafe business combination, expected to close in the first half of 2021. The transaction reflects an implied pro-forma enterprise value for Paysafe of approximately $9.0 billion.
Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced the promotion of David Ducommun to President effective January 1, 2021, succeeding Brent Bickett who, as previously announced, will transition to the role of Strategic Advisor. In addition to the role of President, Mr. Ducommun will remain Managing Director at Trasimene Capital Management, LLC.