What companies are owned by Fairfax?
The company operates primarily through several subsidiaries, including Allied World, Odyssey Re, Northbridge Financial, Crum & Forster, Verassure Insurance, Onlia Agency Inc., and Zenith Insurance Company. The company was also the largest shareholder of Torstar with 40% of the Class B shares, as of May 2020.
How much does Fairfax own of BlackBerry?
Fairfax Financial Holdings has officially purchased BlackBerry for $4.7 billion dollars – that’s around $9 per share. BlackBerry shares were trading at around $8 per share just prior to the acquisition.
Who owns Fairfax india?
Fairfax Financial Holdings Limited
Fairfax Financial Holdings Limited is the controlling shareholder of Fairfax India. Fairfax Financial Holdings Limited is a Toronto based financial services holding company with a global presence in insurance and reinsurance and a portfolio of assets invested worldwide.
Is Fairfax a private equity?
Fairfax India Holdings Corporation is an investment holding company whose 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 …
Does Warren Buffett own BlackBerry stock?
Prem Watsa, the Warren Buffett of Canada, is a prominent BlackBerry investor. His company, Fairfax Financial Holdings, owns 100.5 million shares, representing 14.28% of its stock portfolio. Watsa is confident BlackBerry will transform into a growth company.
What does Fairfax mean?
fair hair
Fairfax is both a surname of English (Yorkshire and Northumberland, with a few branches later settling in Scotland) origin which means “fair hair”, and a given name. Notable people with the name include: Surname: Alan Fairfax (1906–1955), Australian cricketer.
Does Fairfax own BlackBerry?
As it stands today, after a complicated convertible bond exchange in 2020, Fairfax owns 16.6% of BlackBerry on a fully diluted basis if the debentures owned by Fairfax are converted. When BB stock was caught up in the Reddit-fueled “meme stock” short squeeze saga, its price hit a high of $25.10 in January 2021.
Does Fairfax still own BlackBerry?
Fairfax owns 46.7 million shares of BlackBerry as of March 31, giving it a 8% stake in the enterprise-software group. BlackBerry is its second-largest holding, accounting for 14% of its US stock portfolio. Fairfax also holds BlackBerry bonds that it can convert into 55 million shares at a cost of $6 a share.
Who is Fairfax Financial Holdings Limited?
(February 2021) Fairfax Financial Holdings Limited is a financial holding company based in Toronto, Ontario, which is engaged in property, casualty, insurance and reinsurance, investment management, and insurance claims management.
Will Fairfax India acquire 51% of the Catholic Syrian Bank Ltd?
^ “Fairfax India to Acquire 51% of The Catholic Syrian Bank Ltd”. fairfaxindia.ca. Retrieved August 21, 2019. Yahoo! Finance
What does the shelf prospectus renewal mean for Fairfax Media?
The shelf prospectus renewal allows Fairfax to offer from time to time over a 25-month period up to Cdn$8.0 billion of debt, equi
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