Billionaire Prem Watsa Feeds OMERS’ Thirst for Indian Exposure

Posted on 01/15/2017


The Ontario Municipal Employees’ Retirement System (OMERS) finalized its participation in a private placement on January 13, 2017 to purchase 17,021,500 subordinate voting shares of Fairfax India Holdings Corporation, which is controlled by Toronto-based Fairfax Financial Holdings Limited, at a price of US$ 11.75 per share for total consideration of US$ 200,002,625. Before the placement […]