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India's IDBI Bank sold stake to Canada's Fairfax Financial Holdings

28 statements from 13 sources, Oct 14, 2026 06:21 UTC to Oct 15, 2026 09:13 UTC
Part of Deals & M&A
News
Updated
IDBI.NSFFH.TO
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Statements (10 of 28)

  1. Neutral

    IDBI Bank approved a stake sale to Canada-based Fairfax Holdings for ₹52,878 crore

    business-standard.comHigh importance
  2. Neutral

    IDBI Bank was sold at a price of ₹81 per share

    business-standard.comHigh importance
  3. Neutral

    IDBI Bank has signed a deal with Fairfax for a foreign ownership and control arrangement.

    business-standard.comHigh importance
  4. Neutral

    Fairfax plans to combine IDBI Bank, Digit, and IIFL Capital into one entity

    business-standard.comHigh importance
  5. Bearish

    IDBI Bank shares fell 7% as investors booked profits after the Cabinet approved Fairfax's acquisition of a 60.72% stake in the lender.

    economictimes.indiatimes.comHigh importance
  6. Bearish

    IDBI Bank shares tumble 7.5% after Fairfax pays ₹53k crore for a stake

    thehindu.comHigh importance
  7. Bearish

    IDBI Bank falls 7% as India's government sells a $5.5 billion stake to Canada's Fairfax

    cnbc.comHigh importance
  8. Neutral

    IDBI Bank's stake sale deal with Fairfax finalised, marking the biggest foreign investment in India's financial services sector.

    business-standard.comHigh importance
  9. Bullish

    IDBI Bank is acquiring a 60.7% stake in Fairfax for nearly $6 billion

    business-standard.comHigh importance
  10. Neutral

    Fairfax Financial Holdings Limited declared a strategic buyer status in an auction to acquire an interest in IDBI Bank.

    markets.businessinsider.comHigh importance

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