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Fairfax Financial buys majority stake in India’s IDBI Bank for $5.56-billion

The Globe and Mail ·
Fairfax Financial buys majority stake in India’s IDBI Bank for $5.56-billion

Fairfax Financial Holdings FFH-T will buy a majority stake in India’s IDBI Bank in a deal worth 528.78-billion Indian rupees (US$5.56-billion), the Indian government said on Wednesday.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theglobeandmail.com — the content belongs to The Globe and Mail.

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