Canada’s Fairfax Completes $860M Acquisition of Gulf Insurance Group from KIPCO

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Insurance Journal - Dec 27, 2023

Fairfax Financial Holdings Ltd. announced it has completed the US$860 million acquisition of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO) and certain of its affiliates. First announced in April 2023, the deal represents approximately 46.32% of the equity …...

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