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                        THURSDAY, SEPTEMBER 19, 2019
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Canadas Fairfax to acquire Universalna insurance company in Ukraine
Journal Staff Report

KYIV, Aug 15 The Antimonopoly Committee of Ukraine (AMCU) has provided permission to Canadian Fairfax Financial Holdings Limited to acquire Universalna insurance company via subsidiary of FFHL Group Ltd. FFH Ukraine LCC, which would grant over 25% of the votes in the management body of the insurance company.

According to a regulator's posting on its website, the committee also permitted Fairfax Financial Holdings Limited to acquire shares in Universalna insurer via newly created FFH Ukraine Holdings LLC, which would grant 50% of the votes in the management body of the insurance company.




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