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Fairfax Financial Holdings Ltd (FFH.TO)

FFH.TO on Toronto Stock Exchange

608.98CAD
8 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Fairfax to acquire certain AIG businesses
Tuesday, 18 Oct 2016 08:15am EDT 

Fairfax Financial Holdings Ltd :Fairfax to acquire certain AIG businesses in Latin America, central and eastern Europe.  Full Article

Blackberry says Fairfax, other investors to subscribe for some of its debentures
Friday, 26 Aug 2016 02:22pm EDT 

Blackberry Ltd : Blackberry announces redemption of existing convertible debentures and issuance of new convertible debentures . Announces amendment of indenture governing 6 percent unsecured convertible debentures to permit optional redemption prior to nov 13, 2016 . There will be issuance of notice of redemption to holders of 6 percent debentures for company to redeem outstanding amount of 6% debentures on Sept 2 . 6% debentures will be redeemed on redemption date at a redemption price of 106.7213% of outstanding principal amount of debentures . Approximately $1.245 billion aggregate principal amount of 6 percent debentures remains outstanding . Entered into agreement with Fairfax Financial Holdings Ltd, other institutional investors . Normal course issuer bid for 6% debentures announced by blackberry on August 4, 2016 will terminate upon completion of redemption . Fairfax, other investors to subscribe for 3.75% unsecured convertible debentures of company on private placement basis for subscription price of $605 million .Under agreement with Fairfax, Blackberry's 3.75% debentures will be convertible into common shares of Blackberry at price of $10/share.  Full Article

Fairfax to acquire 80 pct interest in Indonesian insurer
Monday, 27 Jun 2016 07:01am EDT 

Fairfax Financial Holdings Ltd : Fairfax to acquire 80 pct interest in Indonesian insurer . Fairfax Financial Holdings Ltd says on closing, AMAG will integrate with PT Fairfax Insurance Indonesia and become part of Fairfax Asia Group . Fairfax Asia entered agreement with PT Paninvest Tbk and affiliates to buy 80 pct interest in PT Asuransi Multi Artha Guna TBK .As part of transaction, AMAG will also enter into long-term general insurance partnership with PT Bank Pan Indonesia TBK.  Full Article

GVK Power & Infrastructure Ltd divests 33 pct. stake in Bangalore International Airport Ltd to Fairfax India Holdings Corp and Fairfax Financial Holdings Ltd
Monday, 28 Mar 2016 02:52am EDT 

GVK Power & Infrastructure Ltd:Says that it will divests 33 pct. stake in Bangalore International Airport Limited to Fairfax India Holdings Corp and Fairfax Financial Holdings Ltd for 214.9 billion Indian rupees.  Full Article

Fairfax Financial Holdings Ltd announces bought deal financing
Monday, 22 Feb 2016 04:31pm EST 

Fairfax Financial Holdings Ltd:Announces C$735,000,000 bought deal financing.Underwriters agreed to buy on bought deal basis 1 million subordinate voting shares at C$735.00 per subordinate voting share.To use proceeds of offering towards funding acquisitions of shares of eurolife erb insurance group holdings s.a.To also use proceeds of offering towards funding acquisition of shares of icici lombard general insurance company limited.  Full Article

Fairfax Financial Holdings ltd announces quarterly dividend on series C, series D, series E, series F, series G, series I, series K and series M preferred shares
Wednesday, 2 Sep 2015 05:02pm EDT 

Fairfax Financial Holdings Ltd:Declares quarterly dividend of C$0.286125 per share on its Series C Preferred Shares.Declares quarterly dividend of C$0.24040 per share on its Series D Preferred Shares.Declares quarterly dividend of C$0.18188 per share on its Series E Preferred Shares.Declares quarterly dividend of C$0.17801 per share on its Series F Preferred Shares.Declares quarterly dividend of C$0.3125 per share on its Series G Preferred Shares.Declares quarterly dividend of C$0.3125 per share on its Series I Preferred Shares.Declares quarterly dividend of C$0.3125 per share on its Series K Preferred Shares.Declares quarterly dividend of C$0.296875 per share on its Series M Preferred Shares.Dividends on each of the Series C Preferred Shares, Series E Preferred Shares, Series G Preferred Shares, Series I Preferred Shares, Series K Preferred Shares and Series M Preferred Shares are payable on Sept. 30.Dividends on the Series D Preferred Shares and Series F Preferred Shares are payable on Sept. 29 to shareholders of record on Sept. 16.  Full Article

Fairfax Financial Holdings completes Brit acquisition
Wednesday, 8 Jul 2015 07:32am EDT 

Fairfax Financial Holdings Ltd:Completes its cash tender offer to shareholders of Brit Plc.Has sold 29.9 pct of the Brit shares to Ontario Municipal Employees Retirement System.Currently owns 70.1 pct of Brit and has the ability to repurchase the shares owned by OMERS over time.  Full Article

Fairfax Financial Holdings Limited announces acquisition of shares of Tembec Inc
Friday, 12 Jun 2015 05:05pm EDT 

Fairfax Financial Holdings Limited:Has acquired, through its subsidiaries, 20 mln common shares of Tembec Inc, representing about 19.9 pct of issued and outstanding Shares.Shares were purchased by way of a private transaction at a price of $2.25 per Share pursuant to a share purchase agreement.  Full Article

Fairfax to become strategic investor of BIDV Insurance Corporation in Vietnam
Monday, 4 May 2015 07:31am EDT 

Fairfax Financial Holdings Limited:Says it has, through its wholly owned subsidiary Fairfax Asia Limited, entered into an agreement with BIDV Insurance Corporation JSC (BIC) to acquire about 35 pct of the outstanding shares of BIC by subscribing for newly issued shares.The transaction is expected to close in the third quarter of 2015.  Full Article

Fairfax Financial Holdings Limited announces memorandum of understanding with OMERS
Wednesday, 15 Apr 2015 02:00am EDT 

Fairfax Financial Holdings Limited:Announces that they had reached agreement regarding the terms of a recommended cash offer by FGL, an entity wholly-owned by Fairfax, for the entire issued and to be issued share capital of Brit.Says on March 23, FGL announced that the Offer had become unconditional as to acceptances.Says FGL announces that it has entered into a non-binding Memorandum of Understanding with OMERS to sell up to 29.9 pct of Brit at a price of $4.30 per share, which is equivalent to the Cash Amount under the Offer based on the exchange rate on Feb. 17.  Full Article

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Fairfax unit sells more shares in Bank of Ireland

DUBLIN A subsidiary of Fairfax Financial Holdings , one of the shareholders who helped keep Bank of Ireland out of state hands in 2011, is selling half of its remaining stake in the Irish lender, the bank managing the sale said on Friday.