Fairfax Financial Holdings Limited announces today the final results and pricing of its cash tender offers to purchase a targeted aggregate principal amount of notes consisting of its outstanding 7.50% Senior Notes due 2019, 7.25% Senior Notes due 2020 and 6.40% Senior Notes due 2021.
Fairfax Financial Holdings Limited announces today the expiration and final results of the cash tender offers to purchase a targeted aggregate principal amount of notes consisting of its outstanding 7.50% Senior Notes due 2019, 7.25% Senior Notes due 2020 and 6.40% Senior Notes due 2021.
Fairfax Financial Holdings Limited and Allied World Assurance Company Holdings, AG are pleased to announce that Fairfax has exercised its option to increase the cash consideration component of its offer to Allied World shareholders by $18.00 out of a possible increase of $30.00 per ordinary share.
Fairfax Financial Holdings Limited and Allied World Assurance Company Holdings, AG today announced that they have agreed to extend to March 10, 2017 the deadline by which Fairfax has the option to increase the cash consideration, and correspondingly reduce the “Fixed Value Stock Consideration” under the terms of the previously announced definitive merger agreement.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares:
Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series K (“Series K Shares”) (TSX:FFH.PR.K) for the five years commencing April 1, 2017 and ending March 31, 2022.
Fairfax Financial Holdings Limited announces today that it has amended the terms of its previously-announced modified “Dutch Auction” tender offers to purchase a targeted aggregate principal amount of notes of up to C$250 million consisting of its outstanding 7.50% Senior Notes due 2019, 7.25% Senior Notes due 2020 and 6.40% Senior Notes due 2021.
Fairfax Financial Holdings Limited and Fairfax Africa Holdings Corporation announced today that the Company has completed its initial public offering of 5,622,000 subordinate voting shares at a price of US$10.00 per Subordinate Voting Share for gross proceeds of US$56,220,000.
Fairfax Financial Holdings Limited announces a fiscal year 2016 net loss of $512.5 million compared to fiscal year 2015 net earnings of $567.7 million, reflecting net losses on investments, particularly in the fourth quarter, more then offsetting strong operating income.
Tower Limited (“Tower”) (NZSE:TWR) (ASX:TWR) and Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) are pleased to announce that they have entered into a Scheme Implementation Agreement.