Key Developments: Fairfax Financial Holdings Ltd (FFH.TO)

FFH.TO on Toronto Stock Exchange

662.50CAD
4 Mar 2015
Change (% chg)

-- (--)
Prev Close
$662.50
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
35,430
52-wk High
$697.56
52-wk Low
$460.50

Search Stocks

Latest Key Developments (Source: Significant Developments)

Fairfax Financial Holdings Limited files universal shelf prospectus
Friday, 12 Dec 2014 05:02pm EST 

Fairfax Financial Holdings Limited:Files a preliminary short form base shelf prospectus with the Canadian securities regulatory authorities.Filing is intended to refresh Fairfax's existing base shelf prospectus which expires in Jan. 2015.Shelf prospectus will allow Fairfax to offer from time to time over a 25-month period up to C$2.0 bln of debt, equity or other securities.Should Fairfax offer any securities, it will make a prospectus supplement available that will include the specific terms of the securities being offered.Upon a receipt being issued for the final short form base shelf prospectus, Fairfax's existing base shelf prospectus will be withdrawn.  Full Article

Fairfax announces quarterly dividend on preferred shares
Wednesday, 3 Dec 2014 05:02pm EST 

Fairfax Financial Holdings Limited:Declares quarterly dividend.Declares C$0.359375 per share on its Series C Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares and C$0.3125 per share on its Series K Preferred Shares.Payable on Dec. 31 to shareholders of record on Dec. 17.  Full Article

Fairfax Financial Holdings Ltd to acquire Malaysian General Insurance Business
Monday, 1 Dec 2014 08:55am EST 

Fairfax Financial Holdings Ltd:Says that it has, through its wholly-owned subsidiary The Pacific Insurance Berhad, entered into business transfer agreement with MCIS Insurance Berhad (MCIS) and Koperasi MCIS Berhad (Koperasi MCIS).Pursuant to which it will acquire general insurance business of MCIS, Malaysian insurer.Says transaction is subject to customary closing conditions, including court approval, and is expected to close in Q1 of 2015.  Full Article

Fairfax Financial Holdings Limited files preliminary prospectus for initial public offering
Wednesday, 26 Nov 2014 05:39pm EST 

Fairfax Financial Holdings Limited:Says that it has filed a preliminary prospectus with the securities regulatory authorities of all provinces and territories in Canada and obtained a receipt therefor in respect of its initial public offering.Fairfax India is an investment holding company whose investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses.  Full Article

Fairfax Financial Holdings Ltd completes acquisition of Pethealth Inc.
Friday, 14 Nov 2014 01:53pm EST 

Fairfax Financial Holdings Ltd:Completes acquisition of all issued and outstanding common shares and preferred shares of Pethealth Inc through plan of arrangement.Whereby, among other things, 8653291 Canada Inc., wholly owned subsidiary of Fairfax, acquired all of the issued and outstanding common shares and preferred shares of Pethealth.Under terms of arrangement, former shareholders of Pethealth are entitled to $2.79, in cash, for each common share and each preferred share of Pethealth held.Preferred shareholders are also entitled to receive, in cash, an amount equal to all accrued dividends up to, but not including effective date of arrangement.It is expected that common shares of Pethealth will be delisted from TSX on or about Nov. 18.  Full Article

Thomas Cook (India) Ltd's IKYA Acquires stake in MFXchange Holdings from Fairfax Financial Holdings Ltd
Tuesday, 4 Nov 2014 02:25am EST 

Thomas Cook (India) Ltd:Says a subsidiary IKYA, entered into a definitive agreement with Fairfax Financial Holdings Ltd to acquire 49 pct stake in MFXchange Holdings Inc (MFX), a wholly owned subsidiary of Fairfax.The integration of MFX with IKYA will result in the formation of the Global Technology Services Group (GTS Group), marking IKYA's entry into the IT Services and Solutions space in the North American market.  Full Article

Fairfax Financial Holdings Limited Integrates MFX With IKYA to Form Global Technology Services Group
Monday, 3 Nov 2014 05:02pm EST 

Fairfax Financial Holdings Limited:Says that Ray Roy has determined to retire in Jan. 2015 as CEO of Fairfax's subsidiary, MFXchange Holdings, Inc. but will remain as Non-Executive Chairman.In planning for Roy's retirement, Fairfax, in close consultation with Roy, is integrating MFX with the IKYA Group, a Fairfax subsidiary within the Thomas Cook India Group.With a strategic focus designed to leverage technology capabilities of both organizations and create growth opportunities for combined entities on a global basis.  Full Article

Fairfax Financial Holdings Limited announces quarterly dividend on Series C, Series E, Series G, Series I and Series K Preferred Shares
Tuesday, 2 Sep 2014 05:02pm EDT 

Fairfax Financial Holdings Limited:Declares quarterly dividend of C$0.359375 per share on Series C Preferred Shares, C$0.296875 per share on Series E Preferred Shares, C$0.3125 per share on Series G Preferred Shares, C$0.3125 per share on Series I Preferred Shares and C$0.3125 per share on Series K Preferred Shares.Payable on Sept. 30 to shareholders of record on Sept. 16.  Full Article

Fairfax Financial Holdings Limited to acquire Pethealth Inc. for $2.79 per share in cash
Sunday, 31 Aug 2014 06:31pm EDT 

Fairfax Financial Holdings Limited and Pethealth Inc:Says that they have entered into an arrangement agreement under which Fairfax will acquire all of the outstanding common shares of Pethealth for $2.79 per share in cash.Says in addition, under the terms of the transaction, Fairfax will acquire all of the outstanding preferred shares of Pethealth for a purchase price of $2.79 per share in cash, plus any dividends accrued but unpaid up to, but excluding, the day of closing.Says total cash consideration of about $100 million will be paid for Pethealth's common and preferred shares and options.  Full Article

Fairfax Financial Holdings Ltd announces pricing of private offering of senior notes
Wednesday, 6 Aug 2014 05:59pm EDT 

Fairfax Financial Holdings Ltd:Says wholly-owned subsidiary, Fairfax (US) Inc. prices private offering of $300 mln of the Issuer's 4.875 pct Senior Notes due 2024 at an issue price of 99.026 pct.Notes will be guaranteed by Fairfax.Issuer intends to use net proceeds from this offering primarily to refinance about $300 mln of certain indebtedness of Fairfax and subsidiaries.Offering is expected to close on or about Aug. 13, 2014, subject to the satisfaction of customary conditions.  Full Article

UPDATE 1-Insurer Brit posts rising profits, special dividend

LONDON, Feb 25 - Brit PLC, the specialty insurer targeted by Prem Watsa's Fairfax Financial Holdings , booked a 39.7 percent rise in full year post-tax profits on Wednesday, driven by strong underwriting and investment performances.

Search Stocks