Fairfax Announces Acquisition of Shares of Reitmans
21 12월 2013 - 6:30AM
Marketwired
Fairfax Announces Acquisition of Shares of Reitmans
TORONTO, ONTARIO--(Marketwired - Dec 20, 2013) - Fairfax
Financial Holdings Limited ("Fairfax") (TSX:FFH)(TSX:FFH.U)
announced today that it has acquired, through its subsidiaries,
2,000,000 Class A non-voting shares ("Class A Shares"),
representing 3.9% of the outstanding Class A Shares of Reitmans
(Canada) Limited ("Reitmans"), bringing its total holdings in the
company to 7,066,100 Class A Shares or approximately 13.8% of the
total Class A Shares outstanding. The shares were purchased through
the facilities of the Toronto Stock Exchange at a price of $6.35
per Class A Share for investment purposes. Fairfax continually
reviews its investment alternatives and may purchase additional
shares of Reitmans from time to time in accordance with applicable
laws.
Fairfax Financial
Holdings Limited is a financial services holding company which,
through its subsidiaries, is engaged in property and casualty
insurance and reinsurance and investment management.
Fairfax Financial Holdings LimitedJohn VarnellVice President,
Corporate Development(416) 367-4941
Fairfax Financial (TSX:FFH.U)
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