Fairfax selected to acquire 60.72% stake in IDBI Bank for $5.6B
Corroborated by 3 sources from 3 publishers
usgeneral1d ago
TL;DR
Fairfax Financial Buying Majority Stake in India’s IDBI Bank.
Sources
1
Dow Jones U.S. Business
https://www.wsj.com/finance/fairfax-financial-buying-majority-stake-in-indias-idbi-bank-faf0fe0c?mod=pls_whats_news_us_business_f
2d ago
2
Business Insider Markets News
https://markets.businessinsider.com/news/stocks/fairfax-declared-strategic-buyer-in-auction-to-acquire-interest-in-idbi-bank-plans-to-contribute-digit-insurance-and-iifl-capital-to-idbi-bank-1036627511
1d ago
3
Investing.com News
https://www.investing.com/news/company-news/fairfax-selected-to-acquire-6072-stake-in-idbi-bank-for-56b-93CH-4950125
1d ago