Fairfax Is Named Buyer of 60.72 Percent of IDBI Bank, Worth About 5.6 Billion Dollars

The Indian government approved the sale on 14 October at 81 rupees a share, a total of 52,878 crore rupees. Fairfax plans to merge Digit Insurance and IIFL Capital into the bank, and the deal still needs regulator approval. If you want to invest alongside or help with the follow on work, contact HPC Consultancy. Two M&A advisory firms, one in Luxembourg at 325,000 dollars and one in Florida selling 90 percent for 7.5 million dollars, are also available through HPC.

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