Fairfax Financial Holdings Increases Stake in Allied World

Posted on 11/08/2022

On November 3, 2022, Fairfax Financial Holdings Limited increased its stake in Allied World from 70.9% to 82.9% for a total consideration of US$ 733.5 million. Fairfax is trying to pay down minority shareholders that include Alberta Investment Management Corporation (AIMCo) and Ontario Municipal Employees Retirement System (OMERS). Fairfax Financial Holdings Limited announced a net…

    Get News, People, and Transactions, Delivered to Your Inbox