Bullboard - Stock Discussion Forum Fairfax Financial Holdings Ltd FAXXF

Primary Symbol: T.FFH Alternate Symbol(s): FRFHF | T.FFH.PR.C | FXFLF | FRFZF | T.FFH.PR.D | FRFGF | T.FFH.PR.E | FXFHF | T.FFH.PR.F | FAXRF | T.FFH.PR.G | T.FFH.PR.H | FRFXF | T.FFH.PR.I | T.FFH.PR.J | T.FFH.PR.K | FRFFF | T.FFH.PR.M | FFHPF

Financial Services Insurance - Property & Casualty

Fairfax Financial Holdings Limited is a Canada-based holding company. The Company, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management. The Company’s segments include Property and Casualty Insurance and Reinsurance, Life insurance and Run-off and Non-insurance companies. The Property and Casualty Insurance and... see more

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TSX:FFH - Post Discussion

Fairfax Financial Holdings Ltd > NR

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Post by retiredcf on Feb 16, 2022 8:46am

NR

08:17 AM EST, 02/16/2022 (MT Newswires) -- Fairfax Financial Holdings Ltd. (FFH.TO) said Wednesday that it acquired an aggregate 5,416,000 subordinate voting shares of Fairfax India Holdings Corp. (FIH-U.TO) from two shareholders at US$64.9 million or US$12.00 apiece.

The transaction increased Fairfax Financial's equity interest and voting interest in Fairfax India to 41.80% and 94.94%, respectively. Prior to the purchase, Fairfax Financial owned a 37.92% equity interest and a 94.61% voting interest in Fairfax India.

Fairfax Financial said it acquired the subordinate voting share for investment purposes.

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