Fairfax buys stake in steakhouse chain; Keg Restaurants management remains
VANCOUVER – Fairfax Financial Holdings (TSX:FFH) has made another acquisition in Canada’s casual dining sector, a majority stake in the company that operates Keg steakhouse restaurants. Fairfax will buy 51 per cent of Keg Restaurants, from David Aisenstat, who will own the remaining 49 per cent and continue to lead the team that operates the business. The deal was announced by Keg Royalties Income Fund (TSX:KEG.UN), a publicly traded affiliate of Keg Restaurants Ltd.
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