Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Fairfax offers to buy Tower for nearly $150 million

February 10, 2017 Reprints

Canadian insurer Fairfax Financial Holdings Ltd. has made an offer to buy New Zealand-based insurer Tower Ltd. for $197 million New Zealand ($143 million), Radio New Zealand reported. "The acquisition of Tower will provide us with an immediate significant presence... in a market where Fairfax currently has limited exposure," said Fairfax chairman Prem Watsa.

Help

Fairfax offers to buy Tower for nearly $150 million

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources