Fairfax completes $860mn stake acquisition in Gulf Insurance Group
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Fairfax completes $860mn stake acquisition in Gulf Insurance Group

Kyoung-son Song
December 27, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
fairfax-financial-logo-toronto.jpg

Fairfax has completed the acquisition of a further $860mn stake in Gulf Insurance Group (GIG), boosting its equity interest in the firm to 90%.

The deal was announced in April, whereby Fairfax agreed to purchase a 46% GIG stake from Kuwait Projects Company at $6.53

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&AFairfax Financial
headshot template (23).png
Kyoung-son Song
Senior Reporter
Contact
Gift this article