Fairfax Financial To Buy Allied World For $4.9 Billion In Cash and Stock
Toronto-based insurance group Fairfax Financial Holdings Ltd (FFH. TO) has agreed to buy Swiss insurer Allied World Assurance Company Holdings AG (AWH.N) for $4.9 billion in cash and stock, the companies said on Sunday. Fairfax will pay owners of Allied World $54 per share – $10 in cash and $44 in Fairfax stock. The offer … Read more