Allied World: Fairfax Financial Holdings Increases Stake in Allied World

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...