Fairfax’s Under Armour Stake Furthers ‘Canada’s Berkshire’ Play
Fairfax Financial Holdings Ltd.’s acquisition of a big stake in Under Armour Inc. has seen the struggling apparel-maker’s shares stage a partial comeback, as the Canadian insurance firm builds on...
By Stephanie Hughes · Bloomberg Markets
Fairfax Financial Holdings Ltd.’s acquisition of a big stake in Under Armour Inc. has seen the struggling apparel-maker’s shares stage a partial comeback, as the Canadian insurance firm builds on a playbook akin to Berkshire Hathaway Inc.’s investment strategy.