04:59 PM EDT, 08/26/2025 (MT Newswires) -- Cannae Holdings ( CNNE ) noted the close of Clearlake Capital's acquisition of Dun & Bradstreet Holdings ( DNB ) late Tuesday.

Cannae received $630 million in proceeds, including $90 million from its sale of 10 million Dun & Bradstreet ( DNB ) shares in Q2, according to the company.

The company stated that the sale of Dun & Bradstreet ( DNB ) is part of a broader plan to drive long-term shareholder value through portfolio rebalancing and enhancing the performance of its portfolio companies.

Cannae plans to use a minimum of $500 million from the proceeds to repurchase $300 million of its common shares, $60 million to fund quarterly dividends, and repay existing debt to its margin loan, according to a statement.

Cannae said it will use $67.5 million to acquire an additional 30% stake in Jana Partners and invest $30 million in Jana funds.

Furthermore, the company will invest $25 million to close its commitment to Black Knight Football's latest capital raise from earlier this year.