A 13D filing yesterday by Prem Watsa’s Fairfax Financial Holdings Ltd (TSE:FFH) provides details of the investors putting up $1B for an investment in beleaguered handset maker and BBM service provider, BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB).
Blackberry had no choice but to go along with this financing route after it failed to find buyers for itself. On the other hand, Fairfax Financial Holdings Ltd (TSE:FFH) was unable to implement its C$4.7B plan to take Blackberry private.
The investment pie
| Name of Purchaser | US$/M |
| Fairfax Financial Holdings Limited |
250 |
| Mackenzie Financial Corporation |
200 |
| Canso Investment Counsel Ltd. |
300 |
| Markel Corporation |
100 |
| Brookfield Asset Management Inc. |
50 |
| Qatar Holding LLC |
100 |
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