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Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

Finance

19 November, 2019

Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO

CSB Bank Ltd, formerly Catholic Syrian Bank, is seeking a valuation of about Rs 3,600 crore ($502 million at current ......

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Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Finance

17 October, 2019

Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer ICICI Lombard General ......

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Fairfax sells half its stake in ICICI Lombard, earns modest returns

Finance

26 September, 2019

Fairfax sells half its stake in ICICI Lombard, earns modest returns

Canadian investment firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as ......

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IRDA waives lock-in period for Fairfax's stake in ICICI Lombard

Finance

04 September, 2019

IRDA waives lock-in period for Fairfax's stake in ICICI Lombard

India’s insurance regulator has paved the way for Canadian firm Fairfax Financial Holdings Ltd to exit its almost two-decade-long investment ......

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Fairfax-backed IIFL Finance raises funding from another Canadian firm

Finance

03 September, 2019

Fairfax-backed IIFL Finance raises funding from another Canadian firm

Non-banking financial company IIFL Finance Ltd, which counts billionaire Prem Watsa's Fairfax Financial as an investor, has mobilised debt capital ......

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Fairfax sitting on stellar gains as CSB Bank files for IPO

Finance

12 August, 2019

Fairfax sitting on stellar gains as CSB Bank files for IPO

Canada’s Fairfax Financial Holdings Ltd, which is controlled by Indian-born Canadian billionaire Prem Watsa, is sitting on stellar gains in ......

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Fairfax India invests $72 mn in private shipping firm

Infrastructure

29 March, 2019

Fairfax India invests $72 mn in private shipping firm

Fairfax India Holdings Corporation, the publicly listed private equity-style investment platform of Canada’s Fairfax Financial Holdings Ltd, has picked up ......

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How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan

Finance

29 March, 2019

How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan

In April last year, Sweden's Spotify Technology SA went public in an unconventional manner. The world's largest music streaming service ......

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Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Infrastructure

21 December, 2018

Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Saurashtra Freight Pvt. Ltd has charted out an inorganic growth strategy, two people privy to the development told VCCircle, as ......

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Fairfax comes in as limited partner in Indian realty fund

Infrastructure

05 June, 2018

Fairfax comes in as limited partner in Indian realty fund

Canada’s Fairfax, which has anchored an India-focussed private equity firm that has invested well over $1 billion in the past ......