Fairfax to exit Bengaluru airport for $1.5 bn

Fairfax Financial Holdings Ltd, controlled by Canadian billionaire Prem Watsa, plans to sell its entire stake in Bangalore International Airport Ltd (BIAL) for at least $1.5 billion, two people familiar with the matter said.  Fairfax has infused about $1 billion into BIAL, making it the billionaire’s largest investment in India.  “A premium ......