Fairfax’s $6 Billion Bank Deal Signals Zest for Indian Assets
India’s sale of a controlling stake in IDBI Bank Ltd. to Canada’s Fairfax Financial Holdings Ltd. for nearly $6 billion helps jump-start the South Asian country’s push to reform its banking sector and shows the potential for more dealmaking in its rapidly growing financial industry.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.