Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$750 million in aggregate principal amount of 5.625% Senior Notes due 2032 (the “Notes”). In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$750,000,000 of Fairfax’s Senior Notes due 2032 (the “Notes”) at an issue price of 99.856%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 5.625% per annum. Fairfax also intends to enter into a registration rights agreement in connection with the offering.
A consortium composed of David L. Sokol, Chairman of the Board of Directors of Atlas Corp. (NYSE: ATCO) (“Atlas” or the “Company”), certain affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”)(TSX: FFH and FFH.U), the Washington Family, and Ocean Network Express Pte. Ltd. (the “Consortium”), a global container, transportation and shipping company, announced today that they have jointly proposed to acquire all of the outstanding common shares of Atlas that the Consortium does not already own or control for $14.45 per share in cash, which represents a 32.1% and 28.8% premium over the 30 day and 60 day average closing prices of the Company’s common shares of $10.94 and $11.22, respectively.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces a net loss of $881.4 million ($37.59 net loss per diluted share after payment of preferred share dividends) in the second quarter of 2022 compared to net earnings of $1,201.4 million ($43.25 net earnings per diluted share after payment of preferred share dividends) in the second quarter of 2021.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, July 29, 2022 to discuss its 2022 second quarter results, which will be announced after the close of markets on Thursday, July 28, 2022 and will be available at that time on its website at www.fairfax.ca.
JAB Holding Company (“JAB”) and Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) today announced a transformational strategic partnership, in which JAB’s pet insurance business has agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group™ (“C&F Pet”) and Pethealth Inc., including all of their worldwide operations.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) announces that it has declared the following quarterly dividends per share on its preferred shares.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $125.5 million ($4.49 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2022 compared to net earnings of $806.0 million ($28.91 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2021.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that today it converted C$11,050,000 principal amount of convertible debentures (the “Convertible Debentures”) of Ensign Energy Services Inc. (“Ensign”) into 6,314,286 common shares of Ensign (“Common Shares”).
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, April 29, 2022 to discuss its 2022 first quarter results, which will be announced after the close of markets on Thursday, April 28, 2022 and will be available at that time on its website at www.fairfax.ca.