Cannae Holdings agrees to sell 87% stake in Brasada Ranch at estimated $40 million enterprise value
Cannae Holdings, Inc.
Cannae Holdings, Inc. CNNE | 0.00 |
- Cannae Holdings agreed to sell its 87% stake in Brasada Ranch, an Oregon resort, to a company owned by Vice Chairman William P. Foley, II.
- Deal implies an estimated enterprise value of USD 40 million, including the buyer’s assumption of about USD 17 million of property debt.
- Consideration includes termination of Foley’s put right; Cannae expects at least USD 47 million of capital freed for redeployment or shareholder returns.
- Closing targeted on or before July 15, 2026, subject to customary conditions.
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: 20260630956993) on July 01, 2026, and is solely responsible for the information contained therein.