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Watsa’s Fairfax Agrees to Buy Insurer Zenith for $1.3 Billion
Feb. 18 (Bloomberg) — Fairfax Financial Holdings Ltd ., the Canadian insurer run by Prem Watsa , agreed to buy Zenith National Insurance Corp. for about $1.3 billion in cash, adding sales in California.
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Fairfax Is Said to Near $1.3 Billion Buyout of Zenith (Update1)
Feb. 18 (Bloomberg) — Fairfax Financial Holdings Ltd ., the Canadian insurer run by Prem Watsa , is nearing an agreement to buy California’s Zenith National Insurance Corp. for about $1.3 billion in cash, said two people with knowledge of the matter.
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Fairfax Financial to buy Zenith National Insurer
Canada’s Fairfax Financial to buy U.S.-based insurer Zenith National in $1.4B deal
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