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Fairfax Financial buying at Fairfax India Holdings (T:FIH)

Updated Thursday Feb 17, 2022 01:57 AM EDT

Fairfax Financial Holdings Limited, a 10% Holder, acquired 2,083,100 Subordinate Voting Shares on an indirect ownership basis for registered holder Odyssey Reinsurance Company and 1,666,500 Subordinate Voting Shares on an indirect ownership basis for registered holder United States Fire Insurance Company at a price of US$12.00 through a private transaction on February 15th, 2022. This represents a $57,328,384 investment into the company's shares and an account share holdings change of 28.6%.

Fairfax India Holdings is in the Investment Holding Companies Sub Industry Group under the Financials Sector.

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business conducted in or dependent on India. The Company makes its investments through its subsidiaries, which include FIH Mauritius Investments Ltd and FIH Private Investments Ltd.

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Go to Fairfax India Holdings Corporation (FIH)'s company page

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