Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces the successful completion of the previously announced sale of all of its interests in the Crum & Forster Pet Insurance Group™ and Pethealth Inc. to Independence Pet Group and certain of its affiliates, which are majority owned by JAB Holding Company, for a purchase price of US$1.4 billion in the form of US$1.15 billion cash and US$250 million in seller notes.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-10-31 12:00:472022-12-02 15:26:37Fairfax Announces Successful Completion of Sale of Global Pet Insurance Operations to Independence Pet Group
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, November 4, 2022 to discuss its 2022 third quarter results, which will be announced after the close of markets on Thursday, November 3, 2022 and will be available at that time on its website at www.fairfax.ca. The call, consisting of a presentation by the company followed by a question period, may be accessed at 1 (888) 390-0867 (Canada and U.S.) or 1 (212) 547-0141 (International) with the passcode “FAIRFAX”.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) today announced that all regulatory approvals required to complete the previously announced transaction in which Independence Pet Group and certain of its affiliates, which are majority owned by JAB Holding Company, will acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group™ and Pethealth Inc., including all of their worldwide operations, have been received. The transaction is now scheduled to close on October 31, 2022.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-10-13 12:00:302022-12-02 15:26:08Fairfax Financial and Independence Pet Group Receive All Regulatory Approvals To Complete Sale of Global Pet Insurance Operations
Poseidon Acquisition Corp., on behalf of 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., a global container, transportation and shipping company (the “Consortium”), announced today it believes it has made meaningful progress in its discussions with the Special Committee of the Board of Directors of Atlas to acquire all of the outstanding common shares of Atlas that the members of the Consortium do not already own or control for $15.50 per share in cash, plus payment of all ordinary course third quarter and fourth quarter 2022 dividends regardless of the timing of any closing (the “Proposed Transaction”).
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-10-06 12:00:322022-12-02 15:25:53Poseidon Acquisition Corp. Continues Discussions to Acquire All Common Shares of Atlas Corp. Not Controlled by Consortium Members
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and the following series of its Preferred Shares…
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-09-28 12:00:072022-12-02 15:25:35Fairfax Financial Holdings: Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares and Preferred Shares
Poseidon Acquisition Corp., on behalf of 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 it has unilaterally increased its bid price to acquire all of the outstanding common shares of Atlas that the Consortium does not already own or control to US$15.50 per share in cash.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-09-26 12:00:512022-12-02 15:25:19Poseidon Acquisition Corp. Unilaterally Increases Its Bid Price to Acquire All Common Shares of Atlas Corp. Not Controlled By Its Majority Shareholders to $15.50 Per Share in Cash
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.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-09-01 12:00:592022-12-02 15:24:56Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares
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.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2022-08-04 12:00:092022-12-02 15:24:13Chairman of Atlas Corp., Fairfax Financial Holdings Limited and the Washington Family Partner With Ocean Network Express Pte. Ltd. To Jointly Propose Acquiring All Common Shares of Atlas Corp. Not Controlled by Its Majority Shareholders for $14.45 per Share in Cash
Fairfax Announces Successful Completion of Sale of Global Pet Insurance Operations to Independence Pet Group
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces the successful completion of the previously announced sale of all of its interests in the Crum & Forster Pet Insurance Group™ and Pethealth Inc. to Independence Pet Group and certain of its affiliates, which are majority owned by JAB Holding Company, for a purchase price of US$1.4 billion in the form of US$1.15 billion cash and US$250 million in seller notes.
Fairfax Announces Conference Call
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, November 4, 2022 to discuss its 2022 third quarter results, which will be announced after the close of markets on Thursday, November 3, 2022 and will be available at that time on its website at www.fairfax.ca. The call, consisting of a presentation by the company followed by a question period, may be accessed at 1 (888) 390-0867 (Canada and U.S.) or 1 (212) 547-0141 (International) with the passcode “FAIRFAX”.
Fairfax Financial and Independence Pet Group Receive All Regulatory Approvals To Complete Sale of Global Pet Insurance Operations
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) today announced that all regulatory approvals required to complete the previously announced transaction in which Independence Pet Group and certain of its affiliates, which are majority owned by JAB Holding Company, will acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group™ and Pethealth Inc., including all of their worldwide operations, have been received. The transaction is now scheduled to close on October 31, 2022.
Poseidon Acquisition Corp. Continues Discussions to Acquire All Common Shares of Atlas Corp. Not Controlled by Consortium Members
Poseidon Acquisition Corp., on behalf of 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., a global container, transportation and shipping company (the “Consortium”), announced today it believes it has made meaningful progress in its discussions with the Special Committee of the Board of Directors of Atlas to acquire all of the outstanding common shares of Atlas that the members of the Consortium do not already own or control for $15.50 per share in cash, plus payment of all ordinary course third quarter and fourth quarter 2022 dividends regardless of the timing of any closing (the “Proposed Transaction”).
Fairfax Financial Holdings: Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares and Preferred Shares
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and the following series of its Preferred Shares…
Poseidon Acquisition Corp. Unilaterally Increases Its Bid Price to Acquire All Common Shares of Atlas Corp. Not Controlled By Its Majority Shareholders to $15.50 Per Share in Cash
Poseidon Acquisition Corp., on behalf of 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 it has unilaterally increased its bid price to acquire all of the outstanding common shares of Atlas that the Consortium does not already own or control to US$15.50 per share in cash.
Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares
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 Completes US$750 Million Senior Notes Offering
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 Announces Pricing of Senior Notes Offering
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.
Chairman of Atlas Corp., Fairfax Financial Holdings Limited and the Washington Family Partner With Ocean Network Express Pte. Ltd. To Jointly Propose Acquiring All Common Shares of Atlas Corp. Not Controlled by Its Majority Shareholders for $14.45 per Share in Cash
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.