Cannae holdings enters into an agreement to participate in a health care jv

Cannae holdings, inc. enters into an agreement to participate in a health care joint venture.cannae holdings inc - cannae will contribute its t-system business to joint venture.cannae holdings - agreement to participate in a health care jv with an investment vehicle advised by affiliate of carlyle group.cannae holdings inc - jv partners will contribute equity capital to joint venture to enable it to acquire other complementary health care services.cannae holdings- jv will focus on acquiring, integrating and operating synergistic health care services companies in provider and payer space.cannae holdings inc - t-system also entered into a definitive agreement to acquire a leading provider of coding and clinical documentation services.cannae holdings inc - investment vehicle affiliated with carlyle group will be majority controlling shareholder of jv.cannae holdings - all of its t-system intercompany debt repaid, which totaled about $60 million as of sept30.cannae - anticipated that co will be a minority shareholder of jv.
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