Fairfax Financial Buying Majority Stake in India’s IDBI Bank
Canada’s Fairfax Financial is positioning itself in India’s fast-growing financial services industry with the acquisition of a majority stake in IDBI Bank for about $5.43 billion.
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- Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake sale economictimes.indiatimes.com
- Fairfax buys IDBI for US$5.6 billion in India’s biggest bank deal financialpost.com
- Fairfax to Buy IDBI for $5.6 Billion in Biggest India Bank Deal insurancejournal.com
