Fairfax Financial’s US$6 billion bank deal signals India is a prize that’s difficult to ignore
India’s sale of a controlling stake in IDBI Bank Ltd. to Canada’s Fairfax Financial Holdings Ltd. for nearly US$6 billion helps jump-start the South Asian country’s push to reform its banking sector and shows the potential for more dealmaking in its rapidly growing financial industry.
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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.