Cannae to invest $75m in Trebia.

Cannae Holdings, a diversified holding company, agreed to invest $75m in Trebia Acquisition, a blank check company. Cannae will purchase an aggregate of 7.5m Class A ordinary shares of Trebia, plus an aggregate of 2.5m redeemable warrants to purchase one Class A ordinary share at $11.5 per share. “The Cannae team looks forward to working with Trebia and its Sponsor Partners to identify prospective target businesses within the industries of financial services, technology, software, data, analytics, services and related areas, leveraging our collective transaction and organizational optimization experience,” Bill Foley, Cannae Chairman.