Fairfax Financial Holdings Limited

Fairfax Financial Holdings Limited

November 27, 2007 18:11 ET

Fairfax Announces Acquisition of CanWest Global Shares

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2007) - Fairfax Financial Holdings Limited (TSX:FFH)(NYSE:FFH) announced today that it has acquired, through its subsidiaries, 1,825,400 subordinate voting shares of CanWest Global Communications Corp., bringing its total holdings in the company to 11,036,200 subordinate voting shares or approximately 11.1% of the total subordinate voting shares outstanding. The shares were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax continually reviews its investment alternatives and may purchase additional CanWest Global shares from time to time in accordance with applicable laws.

Fairfax Financial Holdings Limited is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance, investment management and insurance claims management.

Contact Information

  • Fairfax Financial Holdings Limited
    Greg Taylor
    Chief Financial Officer
    (416) 367-4941
    (416) 367-4946 (FAX)