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FFH Fairfax Financial Holdings Limited

1,543.33
19.35 (1.27%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Fairfax Financial Holdings Limited TSX:FFH Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  19.35 1.27% 1,543.33 1,539.00 1,546.00 1,550.00 1,489.95 1,510.00 66,167 21:11:44

Fairfax Announces Successful Completion of OMERS Investment in Brit

27/08/2021 4:52pm

GlobeNewswire Inc.


Fairfax Financial (TSX:FFH)
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Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces the successful completion of the previously announced transaction in which OMERS, the pension plan for Ontario’s municipal employees, will acquire an approximate 14% interest in Fairfax’s subsidiary, Brit Limited (“Brit”), for cash of approximately US$375 million.   After closing, Fairfax will retain the flexibility to repurchase OMERS’ interest in Brit over time.

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

For further information, contact:John Varnell, Vice President, Corporate Development, at (416) 367-4941

        

 

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