Fairfax Financial Holdings Limited
TSX : FFH
NYSE : FFH

Fairfax Financial Holdings Limited

March 07, 2008 16:30 ET

Fairfax Announces Acquisition of CanWest Global Shares

TORONTO, ONTARIO--(Marketwire - March 7, 2008) - Fairfax Financial Holdings Limited (TSX:FFH)(NYSE:FFH) announced today that it has acquired, through its subsidiaries, 876,000 subordinate voting shares of CanWest Global Communications Corp., bringing its total holdings in the company to 16,210,800 subordinate voting shares or approximately 16.29% 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 and investment management.

Contact Information

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