# Cannae Holdings, Inc. (CNNE) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_e4433671672d20f3c3ca · retrieved 2026-08-14T01:27:39.441Z

## Overview
Cannae Holdings, Inc. is a diversified holding company that acquires interests in operating companies and actively manages a core group of those companies, including sports and entertainment assets, restaurant brands, and investment partnerships.

Cannae Holdings completed the acquisition of 100% of Exeter Rugby Group on June 29, 2026. Exeter is a professional rugby union club competing in Gallagher PREM Rugby, the top division of English rugby. The transaction valued Exeter at an enterprise value of £32.6 million (approximately $43 million USD), with Cannae investing £19.6 million (approximately $26 million USD) at closing. The acquisition advances Cannae's strategy of transforming its portfolio to concentrate on sports and entertainment-related assets.

## Terms
- Counterparty: Exeter Rugby Group · Deal value: $43.0M · Consideration: cash · Stake: 100%

## Key dates
- Completed 2026-08-10

## Timeline
- 2026-08-10 · 8-K (0001704720-26-000151): 8-K - Cannae Holdings, Inc. — *Cannae Holdings, Inc. is a diversified holding company that acquires interests in operating companies and actively manages a core group of those companies, including sports and entertainment assets, restaurant brands, and investment partnerships.* Cannae Holdings completed the acquisition of 100% of Exeter Rugby Group on June 29, 2026. Exeter is a professional rugby union club competing in Gallagher PREM Rugby, the top division of English rugby. The transaction valued Exeter at an enterprise value of £32.6 million (approximately $43 million USD), with Cannae investing £19.6 million (approximately $26 million USD) at closing. The acquisition advances Cannae's strategy of transforming its portfolio to concentrate on sports and entertainment-related assets.
  https://www.sec.gov/Archives/edgar/data/1704720/0001704720-26-000151.txt

## Citations
- 0001704720-26-000151 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000170472026000151