Transaction|November 26, 2012
Arbor Memorial Services announces closing of previously announced arrangement
Torys acted as counsel to Fairfax Financial with a team that included David Chaikof, Rima Ramchandani, Thomas Yeo, Tom Zverina, Eric Foster, Omar Wakil, Grace Pereira and Amanda Balasubramanian.
On November 26, 2012, Arbor Memorial Services Inc. (Arbor) announced the successful completion of the previously announced arrangement pursuant to which 2341599 Ontario Limited, a company owned by a group of existing shareholders of Arbor, comprised of Scanfield Holdings Ltd., Fairfax Financial Holdings Limited and JC Clark Ltd. (or their respective affiliates), acquired all of the outstanding Class A voting shares and Class B non-voting shares of Arbor (other than certain shares held by the existing shareholders) for C$32.00 per share in cash.
Arbor Memorial Services is a Canadian company engaged in providing internment rights, cremations, funerals and associated merchandise and services across Canada.
Fairfax Financial Holdings is a financial services holding company that is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.
Further information can be found on Canada Newswire's website.
Arbor Memorial Services is a Canadian company engaged in providing internment rights, cremations, funerals and associated merchandise and services across Canada.
Fairfax Financial Holdings is a financial services holding company that is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.
Further information can be found on Canada Newswire's website.