Fairfax Financial Holdings Ltd., the insurer run by Canadian investor Prem Watsa, doubled its stake in Research In Motion Ltd. in a vote of confidence in the BlackBerry maker after Watsa joined the company’s board.

Fairfax Financial, the firm controlled by investor Prem Watsa, has more than doubled its stake in Research in Motion, a vote of confidence in the struggling BlackBerry maker that drove RIM's shares up nearly 3 percent on Friday.

Fairfax Financial Holdings Ltd., the insurer run by Canadian investor Prem Watsa, doubled its stake in Research In Motion Ltd in a vote of confidence in the BlackBerry maker after Watsa joined the company’s board.

Recently, Rio Tinto Plc. has taken a majority stake in Ivanhoe Mines Ltd, having purchased 51% of the shares

Vodacom Group Ltd. plans to pull out of the Democratic Republic of Congo by selling its 51 percent stake in a local mobile-phone business to MTN Group Ltd. or Unitel SA, according to the minority partner in the venture.

("UPDATE: S Korea Regulator OKs Sale Of Lone Star's KEB Stake To Hana Financial," at 1027 GMT, misstated the month that FSC ordered Lone Star to sell down its KEB stake in the seventh paragraph. The correct version follows:)

DaVita announced the purchase of a majority stake in NephroLife, an India-based kidney care company, in which the former already held a minority stake.

Vodacom Group Ltd. will pull out of the Democratic Republic of Congo by selling its 51 percent stake in a local mobile-phone business to MTN Group Ltd. or Unitel SA, according to the minority partner in the venture.

Fairfax Financial Holdings Ltd., the insurer run by Canadian investor Prem Watsa, doubled its stake in Research In Motion Ltd. after Watsa joined the board of the BlackBerry maker.

TORONTO (Reuters) - Fairfax Financial , the firm controlled by investor Prem Watsa, has more than doubled its stake in Research in Motion , a move that drove RIM's shares up nearly 3 percent on Friday. The purchase, revealed in a U.S. regulatory filing, gives Fairfax a holding on par with longtime co-CEOs Mike Lazaridis and Jim Balsillie. Watsa, Fairfax's reclusive CEO and a highly-regarded ...