Fairfax buys IDBI for US$5.6 billion in India’s biggest bank deal
Financial Post ·
Fairfax joins a wave of foreign firms expanding in India
Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd. will acquire a stake in IDBI Bank Ltd. for 528.78 billion rupees (US$5.6 billion), making it one of biggest foreign investment in India’s rapidly growing financial services sector. Read More