Fairfax Financial Signs LOI to Acquire Keg Royalties at $18.60 Per Unit-March 2024-www.financetom.com

Fairfax Financial Signs LOI to Acquire Keg Royalties at $18.60 Per Unit

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Fairfax Financial Signs LOI to Acquire Keg Royalties at $18.60 Per Unit

May 26, 2025 1:09 AM

08:51 AM EDT, 05/05/2025 (MT Newswires) -- Fairfax Financial Holdings (FFH.TO) on Monday said it intends to acquire The Keg Royalties Income Fund (KEG-UN.TO) at a price of $18.60 cash per share. The transaction is not subject to any financing conditions.

Both parties have signed a letter of intent.

Keg Royalties shares closed up $0.11, to $14.22, on the Toronto Stock Exchange on Friday.

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