NU Online News Service, Sept. 21, 2:12 p.m. EDT
Toronto-based Fairfax Financial Holdings Limited will be paying $1 billion to fully acquire Odyssey Re Holdings at a higher share price than originally announced.
On Sept. 4 the company said it would pay $60 per share in cash for the common stock it did not currently own. Friday the two companies announced a merger agreement under which Fairfax is offering $65 in cash per share.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
