TSX:FFHInsurance
Fairfax Kennedy-Wilson Deal Reshapes Growth Outlook And Valuation Story
Fairfax Financial Holdings (TSX:FFH) has entered a definitive agreement to acquire Kennedy-Wilson Holdings in an all-cash merger.
The transaction marks a major expansion step for Fairfax Financial beyond its existing insurance and investment operations.
The deal signals active use of mergers and acquisitions to reshape Fairfax Financial's business mix and future opportunities.
Fairfax Financial Holdings, trading at around CA$2,337.89 per share, has delivered a 17.5% return over the past...