yuval Posted February 17, 2011 Share Posted February 17, 2011 http://www.thenational.ae/business/markets/kuwaits-gulf-insurance-profit-rises-more-than-50 Fairfax hold more than 40% of the company. Link to comment Share on other sites More sharing options...
oec2000 Posted February 18, 2011 Share Posted February 18, 2011 To put things in perspective, FFH's purchase price effectively placed a value of $500m (approx 150m Dinar) on Gulf Insurance, i.e. about 20x reported net earnings. Link to comment Share on other sites More sharing options...
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