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Prem Watsa’s Fairfax Financial is taking a stake in a Greek mining and energy company.
Prem Watsa’s Fairfax Financial is taking a stake in a Greek mining and energy company.
(CHARLA JONES/THE GLOBE AND MAIL)

Fairfax deal a sign of more to come in Greece

For Fairfax Financial Holdings Ltd., a mix of politics and investor mistrust are creating valuable opportunities in Greece.

The investment and insurance firm took its second stake in a Greek company in the last four months on Monday, buying 5 per cent of mining and energy-focused company Mytilineos Holdings SA, for about $41-million (U.S.).