Fairfax 'pretty confident' on $500mn extra Allied World funding

Fairfax Financial CEO Prem Watsa today said he was "pretty
confident" he would secure an extra $500mn of funding from
third party investors for its near $4.9bn takeover of Allied
World.
In a conference call with analysts on the company's fourth
quarter results, Watsa said Fairfax was in final negotiations with
a number of parties interested in participating in the deal.
The Toronto-based owner of Brit and other insurers posted a
$704.2mn Q4 net loss late yesterday after chalking up...