Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation announced today that the Company has filed a final 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 50,000,000 subordinate voting shares (“Subordinate Voting Shares”) at a price of US$10.00 per Subordinate Voting Shares for gross proceeds of $500 million.
Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation announce that the Company has filed an amended and restated preliminary prospectus (the “preliminaryprospectus”) 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 “IPO”) of subordinate voting shares (the “Shares”).
Fairfax Financial Holdings Limited 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 27, 2015 to shareholders of record on January 20, 2015. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax Financial Holdings Limited has filed a final short form base shelf prospectus with the Canadian securities regulatory authorities.
Fairfax Financial Holdings Limited announced today that it has entered into an agreement with QBE Insurance (Europe) Limited (“QBE”) to acquire QBE’s insurance operations in the Czech Republic, Hungary and Slovakia. The existing businesses and renewal rights of QBE’s operations in the Czech Republic, Hungary and Slovakia are expected to be transferred to Fairfax by the third quarter of 2015, subject to customary closing conditions, including various regulatory approvals.
Fairfax Financial Holdings Limited has filed a preliminary short form base shelf prospectus with the Canadian securities regulatory authorities.
Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of 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. The dividends are payable on December 31, 2014 to shareholders of record on December 17, 2014. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax Financial Holdings Limited announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series C (“Series C Shares”) (TSX:FFH.PR.C) for the five years commencing January 1, 2015 and ending December 31, 2019, with the result that the quarterly dividends on the Series C Shares during that period will be paid at an annual rate equal to Cdn.$1.14450 per share.
Fairfax Financial Holdings Limited announced today that it has, through its wholly-owned subsidiary The Pacific Insurance Berhad (“Pacific Insurance”), entered into a business transfer agreement with MCIS Insurance Berhad (formerly known as MCIS Zurich Insurance Berhad) (“MCIS”) and Koperasi MCIS Berhad (“Koperasi MCIS”) pursuant to which it will acquire the general insurance business of MCIS, a Malaysian insurer.
Fairfax Financial Holdings Limited and Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) 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 (“Subordinate Voting Shares”).