Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that pursuant to the terms of the Investment Advisory Agreement (as defined below), Fairfax Financial Holdings Limited (“Fairfax”) has elected to receive payment of the performance fee payable by the Company to Fairfax for the three-year measurement period commencing January 1, 2021 and ending December 31, 2023, in cash.
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its acquisition of an additional equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens Financial Services (“SFS”).
Fairfax India Holdings Corporation announces net earnings of $133.0 million in the third quarter of 2023 ($0.93 net earnings per diluted share), compared to net earnings of $112.6 million in the third quarter of 2022 ($0.79 net earnings per diluted share).
Fairfax India Holdings Corporation announces that it has amended its existing credit agreement with a syndicate of lenders to extend the maturity date of its $175 million unsecured revolving credit facility from December 17, 2024, to October 2, 2026, with an option to extend for an additional year.
Fairfax India Holdings Corporation announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2023.
Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $159.3 million in the second quarter of 2023 ($1.12 net earnings per diluted share), compared to a net loss of $69.7 million in the second quarter of 2022 ($0.50 net loss per diluted share).
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announces that, through its wholly-owned subsidiary, it has completed the acquisition of an additional 3% equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens’ Financial Services (“SFS”), for consideration of $75 million (approximately INR 6.2 billion at current exchange rates).
Fairfax India Holdings Corporation announces that it has appointed the Honourable Jason Kenney as an independent director.
Fairfax India Holdings Corporation announces a net loss of $55.5 million in the first quarter of 2023 ($0.40 net loss per diluted share), compared to net earnings of $56.0 million in the first quarter of 2022 ($0.38 net earnings per diluted share).
Fairfax India Holdings Corporation announces that, through its wholly-owned subsidiary, it has entered into an agreement to acquire an additional 3% equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens Financial Services (“SFS”), for consideration of $75 million.