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Fairfax Financial Holdings Ltd (FFH.TO)

FFH.TO on Toronto Stock Exchange

759.28CAD
19 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Fairfax Announces Acquisition Of Subordinate Voting Shares Of Fairfax Africa Holdings
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES ACQUISITION OF SUBORDINATE VOTING SHARES OF FAIRFAX AFRICA HOLDINGS CORPORATION.FAIRFAX ANNOUNCES ACQUISITION OF SUBORDINATE VOTING SHARES OF FAIRFAX AFRICA HOLDINGS CORPORATION.FAIRFAX FINANCIAL HOLDINGS LTD - HAS ACQUIRED, THROUGH CERTAIN OF ITS SUBSIDIARIES, 4,100,000 SUBORDINATE VOTING SHARES OF FAIRFAX AFRICA.FAIRFAX - SUBORDINATE VOTING SHARES WERE BOUGHT THROUGH SYNDICATE OF UNDERWRITERS AT $12.25/SUBORDINATE VOTING SHARE, FOR PURCHASE PRICE OF $50.2 MILLION.  Full Article

Fairfax Announces Early Redemption Of Notes Due May 15, 2021
Friday, 11 May 2018 

Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES EARLY REDEMPTION OF NOTES DUE MAY 15, 2021.FAIRFAX FINANCIAL HOLDINGS LTD - THERE IS $500 MILLION PRINCIPAL AMOUNT OF NOTES CURRENTLY OUTSTANDING.FAIRFAX FINANCIAL HOLDINGS LTD - ON JUNE 15, 2018, IT IS REDEEMING ALL OF ITS OUTSTANDING 5.80% SENIOR NOTES DUE MAY 15, 2021.  Full Article

Toys "R" Us And Babies "R" Us (Canada) Receives Court Approval For Sale To Fairfax Financial
Saturday, 28 Apr 2018 

April 27 (Reuters) - Fairfax Financial Holdings Ltd ::TOYS "R" US AND BABIES "R" US (CANADA) RECEIVES COURT APPROVAL FOR SALE TO FAIRFAX FINANCIAL.TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS, IS EXPECTED TO CLOSE THIS QUARTER.  Full Article

Fairfax Financial Says Thomas Cook (India) Changed Accounting For Ownership Interest In Quess Corp
Wednesday, 25 Apr 2018 

April 24 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX FINANCIAL HOLDINGS LTD - CO'S UNIT THOMAS COOK (INDIA) LIMITED CHANGED ACCOUNTING FOR OWNERSHIP INTEREST IN QUESS CORP. LIMITED.FAIRFAX FINANCIAL HOLDINGS - TCIL CHANGED ACCOUNTING FOR ITS OWNERSHIP INTEREST IN QUESS CORP. FROM A UNIT TO ASSOCIATE FOR YEAR ENDED MARCH 31, 2018.FAIRFAX FINANCIAL HOLDINGS - ACCOUNTING CHANGE WILL RESULT IN A NON-CASH ACCOUNTING GAIN AT TCIL OF ABOUT RS. 58 BILLION FOR YEAR ENDED MARCH 31, 2018.FAIRFAX FINANCIAL HOLDINGS LTD - TCIL WILL DE-CONSOLIDATE QUESS.FAIRFAX FINANCIAL HOLDINGS - TCIL'S REMAINING OWNERSHIP INTEREST IN QUESS TO BE RECORDED AT FAIR VALUE & PRESENTED AS INVESTMENT IN AN ASSOCIATE CO.FAIRFAX FINANCIAL HOLDINGS LTD - CO MUST CHANGE MANNER IN WHICH IT ACCOUNTS FOR ITS OWNERSHIP INTEREST IN QUESS THROUGH TCIL.FAIRFAX FINANCIAL HOLDINGS LTD - CHANGE IN ACCOUNTING FOR OWNERSHIP INTEREST WILL RESULT IN GAIN OF ABOUT US$600 MILLION IN CO'S Q1 ENDED MARCH 31, 2018.  Full Article

Fairfax Announces Pricing Of Senior Notes Offering
Friday, 13 Apr 2018 

April 12 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES PRICING OF SENIOR NOTES OFFERING.PRICED PREVIOUSLY ANNOUNCED PRIVATE OFFERING OF $600,000,000 OF SENIOR NOTES DUE 2028 ( "NOTES") AT AN ISSUE PRICE OF 99.765%.NOTES WILL BE UNSECURED OBLIGATIONS OF FAIRFAX AND WILL PAY A FIXED RATE OF INTEREST OF 4.850% PER ANNUM.  Full Article

Fairfax Announces Offering Of Senior Notes
Thursday, 12 Apr 2018 

April 12 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES OFFERING OF SENIOR NOTES.TO USE PROCEEDS FROM OFFERING TO REFINANCE OR REPAY OUTSTANDING DEBT OR OTHER CORPORATE OBLIGATIONS OF CO & ITS UNITS.  Full Article

Fairfax Announces Early Redemption Of Allied World Notes Due November 15, 2020
Friday, 6 Apr 2018 

April 6 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES EARLY REDEMPTION OF ALLIED WORLD NOTES DUE NOVEMBER 15, 2020.ON MAY 7, 2018, ITS UNIT IS REDEEMING ALL OF ITS OUTSTANDING 5.50% SENIOR NOTES DUE NOVEMBER 15, 2020.  Full Article

Cara Operations To Merge With Keg Restaurants Ltd
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Cara Operations Ltd ::CARA OPERATIONS TO MERGE WITH KEG RESTAURANTS LTD..CARA OPERATIONS LTD - DEAL FOR ‍AGGREGATE PURCHASE PRICE OF $200 MILLION​.CARA OPERATIONS LTD - CARA AND KRL HAVE AGREED TO MERGE PURSUANT TO TERMS OF A BINDING LETTER OF INTENT.CARA OPERATIONS LTD - CARA WILL FUND CASH PORTION OF PURCHASE PRICE PAYABLE AT CLOSING BY DRAWING ON ITS EXISTING CREDIT FACILITY.CARA OPERATIONS LTD - ‍INTENDS TO CHANGE ITS CORPORATE NAME TO REFLECT NEW BUSINESS COMPOSITION FOLLOWING CLOSING​.CARA OPERATIONS - FUND WILL REMAIN IN ITS CURRENT FORM AND WILL CONTINUE TO RECEIVE ROYALTIES FROM KEG RESTAURANTS OPERATED BY KRL FOLLOWING MERGER.CARA OPERATIONS LTD - DEAL FOR ‍COMPRISED OF $105 MILLION IN CASH AND 3.8 MILLION CARA SUBORDINATE VOTING SHARES​.CARA OPERATIONS LTD - ‍ NOTWITHSTANDING MERGER, KEG WILL CONTINUE TO OPERATE AS IT HAS PREVIOUSLY UNDER AISENSTAT'S LEADERSHIP​.CARA OPERATIONS LTD - PURCHASE PRICE OF $200 MILLION COMPRISED OF $105 MILLION IN CASH AND 3.8 MILLION CARA SUBORDINATE VOTING SHARES.CARA OPERATIONS LTD - ‍TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO CARA'S ADJUSTED DILUTED EPS​.CARA OPERATIONS LTD - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO CARA'S ADJUSTED DILUTED EPS.CARA OPERATIONS-MAY BE REQUIRED TO PAY ADDITIONAL $30 MILLION OF CASH UPON ACHIEVEMENT OF FINANCIAL MILESTONES WITHIN FIRST 3 FISCAL YEARS FOLLOWING CLOSE.  Full Article

Seaspan Says Fairfax Financial To Invest In Co For Issuance Of 5.5% Interest Bearing Unsecured Debentures, Share Purchase Warrants
Thursday, 4 Jan 2018 

Jan 3 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES LETTER OF INTENT FOR POTENTIAL $250 MILLION UNSECURED 5.50% DEBENTURE AND WARRANT INVESTMENT FROM FAIRFAX FINANCIAL HOLDINGS LIMITED.SEASPAN - FAIRFAX FINANCIAL TO INVEST IN CO FOR ISSUANCE OF 5.5% INTEREST BEARING UNSECURED DEBENTURES, CLASS A SHARE PURCHASE WARRANTS.SEASPAN - INTENDS TO USE PROCEEDS FROM $250 MILLION INVESTMENT TO FUND FUTURE GROWTH INITIATIVES, DEBT REPAYMENT.SEASPAN - FAIRFAX MAY NOMINATE 1 INDEPENDENT DIRECTOR TO CO'S BOARD IF LESS THAN 50%, BUT OVER 20%, OF DEBENTURES REMAIN OUTSTANDING.SEASPAN-‍FAIRFAX WILL HAVE RIGHT TO NOMINATE TWO INDEPENDENT DIRECTORS TO BOARD OF DIRECTORS OF CO FOR SO LONG AS 50% OF DEBENTURES REMAIN OUTSTANDING​.  Full Article

Fairfax Announces Early Redemption Of Notes Due Aug 19, 2019
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Fairfax Financial Holdings Ltd ::FAIRFAX ANNOUNCES EARLY REDEMPTION OF NOTES DUE AUGUST 19, 2019.FAIRFAX FINANCIAL HOLDINGS LTD - REDEEMING ALL OF ITS OUTSTANDING 7.5% SENIOR NOTES DUE AUGUST 19, 2019.FAIRFAX FINANCIAL HOLDINGS LTD - REDEEMING AT A PRICE OF 108.161% OF PRINCIPAL AMOUNT OF NOTES PLUS ACCRUED AND UNPAID INTEREST, IF ANY.  Full Article