Fairfax proposes taking Swiss Chalet owner Recipe Unlimited private in $1.2-billion deal

Fairfax proposes taking Swiss Chalet owner Recipe Unlimited private in .2-billion deal

Fairfax Financial Holdings Ltd. FFH-T has proposed taking Recipe Unlimited Corp. RECP-T private in a deal that values ​​the restaurant-chain owner at $1.2-billion. Toronto-based Fairfax is already the controlling shareholder of Recipe, which owns restaurants including the Keg, Harvey’s and Swiss Chalet. The investment group currently holds 45.8 per cent of the company’s shares and … Read more