PE deal of the month: Fairfax seals first control transaction in Indian banking

Private equity investments in February 2018 remained almost flat year-on-year with investors infusing $1.3 billion across 75 deals, compared to $1.2 billion in the corresponding month of 2017.However, Canadian billionaire Prem Watsa-led Fairfax India Holdings Corporation’s $187.5 million investment in Kerala-based Catholic Syrian Bank for a 51% stake not only ......