Fairfax Financial Holdings To Raise Stake In Eurobank Properties

Fairfax Financial Holdings Ltd (OTCMKTS:FRFHF) (TSE:FFH) will raise its stake in Greek’s Eurobank Properties to 42 percent from 19. Canadian investment firm Fairfax Financial Holdings Ltd (OTCMKTS:FRFHF) (TSE:FFH) and Greek real estate firm Eurobank Properties announced their intention to strengthen and enhance the operations of Eurobank Properties. Eurobank Ergasias S.A. (Eurobank) and Fairfax Financial Holdings Ltd (OTCMKTS:FRFHF) (TSE:FFH) announced that their respective managements agreed to the principal terms of the proposed transaction. They also declared intention to make Eurobank Properties a leading real estate company in Greece. Fairfax To Increase Its Stake To 42 Percent As part of the deal, Eurobank Properties would…