Fairfax’s Watsa bets on IDBI payoff as India booms, report says
Financial Post ·
The buyout significantly expands Fairfax’s presence in India, where it already has investments in CSB Bank Ltd. and IIFL Capital Services Ltd.
Canadian billionaire Prem Watsa is betting that his Fairfax Financial Holdings Ltd. ’s acquisition of IDBI Bank Ltd. will pay off given India’s growth prospects, the Economic Times reported. Read More