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Fairfax wraps up nearly $200 mn exit from India portfolio

Finance

22 April, 2024

Fairfax wraps up nearly $200 mn exit from India portfolio

Fairfax India, a country-specific private-equity style investment firm, has wrapped up an exit from an eight-year-old portfolio company with multi-bagger returns.  This comes ......

Fairfax-backed IIFL Finance to raise $152 mn via share sale amid ban on gold loans

Finance

17 April, 2024

Fairfax-backed IIFL Finance to raise $152 mn via share sale amid ban on gold loans

India's IIFL Finance will raise 12.72 billion rupees ($152 million) by selling shares, the non-bank lender said on Wednesday, aiming ......

Premium
Fairfax begins new year with a multi-bagger exit

Finance

16 February, 2024

Fairfax begins new year with a multi-bagger exit

Fairfax India, a country-specific private-equity style investment firm, which is run in association with Indian-born Canadian billionaire Prem Watsa’s Fairfax, ......

Fairfax, others make open offer to buy rest of speciality chemicals firm

Manufacturing

29 January, 2021

Fairfax, others make open offer to buy rest of speciality chemicals firm

Prem Watsa’s Fairfax Group and a small group of shareholders in Fairchem Organics Ltd have made an open offer to ......

Former Fairfax India exec's PE fund bets on Camlin Fine Sciences

Manufacturing

26 June, 2020

Former Fairfax India exec's PE fund bets on Camlin Fine Sciences

Convergent Finance LLP, the private equity firm floated by former Fairfax India executive Harsha Raghavan, will invest Rs 180 crore ......

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

General

25 October, 2019

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

Edelweiss Mutual Fund has emerged frontrunner for IDBI Asset Management Company as the entity has entered the final stage of ......

Fairfax India raises $550 mn in debt

Finance

29 June, 2018

Fairfax India raises $550 mn in debt

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation announced on Friday that it had raised $550 million (around Rs 3,700 ......

Fairfax India to up stake in Bengaluru Airport, Siemens to mark partial exit

Infrastructure

30 March, 2018

Fairfax India to up stake in Bengaluru Airport, Siemens to mark partial exit

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is set to acquire a 6% stake in Bangalore International Airport Ltd ......

Fairfax-backed IIFL Holdings to split into three listed firms

Finance

01 February, 2018

Fairfax-backed IIFL Holdings to split into three listed firms

IIFL Holdings Ltd is heading for a three-way split to create two new entities, IIFL Wealth and IIFL Securities, and ......

Fairfax India raises $400 mn in debt

Finance

12 July, 2017

Fairfax India raises $400 mn in debt

Fairfax India Holdings, the local arm of billionaire Prem Watsa-led Fairfax Financial Holdings, has raised $400 million (about Rs 2,579 ......