Fairfax reaches 28.01 pct of total voting rights in Astarta Holding

Fairfax reaches 28.01 pct of total voting rights in Astarta Holding

Fairfax Financial Holdings and its affiliates acquired major shareholding in the Ukrainian Astarta Holding

Fairfax Financial Holdings and its affiliates acquired major shareholding in the company.

Fairfax Financial Holdings acquired in total 1,951,583 shares in Astarta Holding, representing 7.81% of total voting rights of company from Aluxes Holding Limited.

Purchase price was 60 pln per share.

After completion of all transactions fairfax controls 7,002,259 shares of company, representing 28.01% of total voting rights.

In January 2017 Fairfax Financial Holdings Limited acquired 2.497,5 mln shares of Astarta Holding N.V, which comprised 9.99% stake, for the price of PLN 60 per share, according to Warsaw Stock Exchange.

Related posts