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.
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) (“Fairfax Financial”) and Fairfax Africa Holdings Corporation (“Fairfax Africa” or the “Company”) announce today the pricing of the Company’s previously announced initial public offering (the “Offering”) of subordinate voting shares (“Subordinate Voting Shares”).
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 17, 2017 to discuss its 2016 year-end results which will be announced after the close of markets on Thursday, February 16 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announces today the commencement of cash 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 OMERS, the pension plan for Ontario’s municipal employees, are pleased to announce that they have entered into an agreement pursuant to which OMERS will invest US$1 billion in order to indirectly acquire approximately 21% of the issued and outstanding shares of Allied World Assurance Company Holdings, AG, simultaneously with the previously announced acquisition of Allied World by Fairfax and subject to certain regulatory approvals.
Fairfax Financial Holdings Limited and Fairfax Africa Holdings Corporation announce that the Company has filed an amended and restated 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 of subordinate voting shares.
Fairfax Financial Holdings Limited announced today that it has acquired, through certain of its subsidiaries, on a private placement basis, 12,766,000 subordinate voting shares of Fairfax India Holdings Corporation, representing approximately 10.5% of the issued and outstanding Subordinate Voting Shares of Fairfax India.
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that it has declared a dividend of US$10.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 26, 2017 to shareholders of record on January 19, 2017. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax Financial Holdings Limited and Fairfax Africa Holdings Corporation announce that the Company 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 (the “Offering”) of subordinate voting shares.