Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Report on Business


Streetwise gives you news and analysis on Bay Street and the world of finance
available exclusively to subscribers of Globe Unlimited

Entry archive:

Fairfax gets pension-fund backing on largest deal Add to ...

Subscribers Only

Fairfax Financial Holdings Ltd. is gathering more institutional-investor support for the largest acquisition in its history.

The Toronto-based insurance and investments company said Friday that it will add another $500-million (U.S.) in capital from Alberta Investment Management Corp. toward its $4.9-billion acquisition of Swiss insurer Allied World Assurance Company Holdings AG. Through the deal, AIMCo will acquire more than 10 per cent of Allied World’s shares.

Report Typo/Error

Follow on Twitter: @j2nelson

Also on The Globe and Mail

Money Monitor: Tips on avoiding financial fraudsters (The Canadian Press)

Next story




Most popular videos »

More from The Globe and Mail

Most popular