Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) has filed a preliminary short form base shelf prospectus with the Canadian securities regulatory authorities.
Fairfax Financial Holdings Limited announced today that it has acquired directly or through its subsidiaries 1,698,200 common shares of Imvescor Restaurant Group Inc. at a price of $0.85 per share, bringing its total holdings in Imvescor to 9,897,509 shares or approximately 23.6% of the total common shares outstanding.
Fairfax Financial Holdings Limited announces net earnings of $34.6 million in the third quarter of 2012 compared to net earnings of $973.9 million in the third quarter of 2011, reflecting the absence of net investment gains and lower interest and dividend income, partially offset by improved underwriting results.
Fairfax Financial Holdings Limited announces that TIG Insurance Company, a runoff subsidiary of Fairfax, has today agreed with the holder of the loan note issued by TIG in connection with its acquisition of General Fidelity Insurance Company in February 2011 to pay $200 million in full and final satisfaction of that loan note.
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) has completed its previously announced offering of $200 million in aggregate principal amount of 5.84% Senior Notes due 2022. Net proceeds of the issue, after commissions and expenses of the issue, are approximately $199 million.
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, October 26, 2012 to discuss its 2012 third quarter results which will be announced after the close of markets on Thursday, October 25 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that the purported class action commenced in July 2011 against Fairfax and others, alleging violations of U.S. federal securities laws between May 2003 and March 2006, has been dismissed with prejudice (“with prejudice” meaning that the action cannot be revived).
Fairfax Financial Holdings Limited announces that, following receipt of all regulatory approvals, its RiverStone runoff subsidiary has completed the previously announced acquisition of all the outstanding shares of Brit Insurance Limited of London, England from Brit Group.
Fairfax Financial Holdings Limited announces that it intends to offer $200 million in aggregate principal amount of 5.84% Senior Notes due 2022.
Fairfax Financial Holdings Limited announces that Cunningham Lindsey Group Limited has entered into a merger agreement pursuant to which Fairfax will effectively sell its interest in Cunningham Lindsey for proceeds of approximately $260 million, subject to closing adjustments.