Apollo Global

Canada's Fairfax to buy insurer Brit Plc for $1.88 billion

Fairfax Financial Holdings Ltd, a Canadian property and casualty insurer, said it would buy Brit Plc, a specialty insurer and reinsurer, for about $1.88 billion to gain a significant presence in the Lloyd's of London market.

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Nine Entertainment Planning IPO

Nine Entertainment's ownership has decided to undertake an IPO.

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