Weather New York, NY +65°F

Fairfax Financial Holdings Ltd

Fairfax Holdings

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.

Read Full Article
BlackBerry Ltd.

Samsung talks to BlackBerry about $7.5 billion buyout - source

Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

Read Full Article
Steve Forbes

Top deals of the Day - Bids, Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Monday including Forbes, Axel Springer, MidCap Financial LLC, Goldman Sachs and others.

Read Full Article
Fairfax Financial Holdings Ltd

Fairfax buys controlling stake in Keg Restaurants

Canadian private equity firm Fairfax Holdings Ltd. said that it would acquire a controlling stake in Keg Restaurants Ltd. Keg president and chief executive officer David Aisenstat will retain a minority stake of 49%.

Read Full Article
BlackBerry

Investors forge USD1 billion BlackBerry bond deal

Investors from US, Canada and Qatar backed up a USD1 billion debt sale deal to boost BlackBerry's cash position.

Read Full Article
BlackBerry

Investors pick up BlackBerry convertible debt offer

Investors such as Qatar Holding and Fairfax Financial have picked up sizeable amounts of BlackBerry's USD1 billion convertible debt offer.

Read Full Article
BlackBerry

Blackberry shakes off Heins, raises USD1 billion via convertible notes after Fairfax deal falls

Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company

Read Full Article
Blackberry Ltd

Fairfax having difficulty in funding for Blackberry offer - sources

Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.

Read Full Article
BlackBerry

SAP not interested in BlackBerry

SAP CFO Werner Brandt squashed rumors of SAP's interest in BlackBerry through an interview with Euro am Sonntag.

Read Full Article
BlackBerry

Blackberry cancels scheduled earnings call due to takeover deal

In a released statement, Blackberry Ltd said that it would be cancelling its quarterly earnings call and webcast scheduled for Friday this week.

Read Full Article
CEO Prem Watsa

Fairfax CEO confident of success of bid for BlackBerry

Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.

Read Full Article
BlackBerry

Fairfax seeking equity investors for BlackBerry bid

The USD4.7 billion bid by Fairfax for BlackBerry would be backed up by loans, equity investments and its own shares in the smartphone maker.

Read Full Article
Blackberry Ltd

Blackberry Patents may raise Fairfax debt - report

Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.

Read Full Article
BlackBerry

BlackBerry buyout bid pegged at USD4.7 billion

Fairfax Holdings formalized a bid for BlackBerry at USD9 per share.

Read Full Article
A woman counts her U.S. dollar bills at a money changer in Jakarta June 13, 2012. Indonesia's central bank sold $700 million of its first dollar-denominated term deposits on Wednesday, in an effort to relieve a local scarcity of the U.S. currency. Bank In

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics