Brief: Fairfax Africa Holdings to invest in Atlas Mara Limited

Helios Fairfax Partners

21/06/2017 07:45

June 21 (Reuters) - Fairfax Africa Holdings Corp  FAHu.TO  
    * Agreed to invest an expected minimum of $130 million in 
atlas mara limited 
    * Investment will comprise of a $100 million equity offering 
of new ordinary shares at a price of s$2.25 per share 
    * Fairfax africa holdings corp  - fairfax africa will 
nominate four  directors to board of directors of atlas mara out 
of a total of nine directors 
 
Source text for Eikon:  ID:nCCNkcdSYa  
Further company coverage:  FAHu.TO  
 
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