India's IDBI Bank sold stake to Canada's Fairfax Financial Holdings
Statements (10 of 28)
- Neutral
IDBI Bank approved a stake sale to Canada-based Fairfax Holdings for ₹52,878 crore
- Neutral
IDBI Bank was sold at a price of ₹81 per share
- Neutral
IDBI Bank has signed a deal with Fairfax for a foreign ownership and control arrangement.
- Neutral
Fairfax plans to combine IDBI Bank, Digit, and IIFL Capital into one entity
- 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.
- Bearish
IDBI Bank shares tumble 7.5% after Fairfax pays ₹53k crore for a stake
- Bearish
IDBI Bank falls 7% as India's government sells a $5.5 billion stake to Canada's Fairfax
- Neutral
IDBI Bank's stake sale deal with Fairfax finalised, marking the biggest foreign investment in India's financial services sector.
- Bullish
IDBI Bank is acquiring a 60.7% stake in Fairfax for nearly $6 billion
- Neutral
Fairfax Financial Holdings Limited declared a strategic buyer status in an auction to acquire an interest in IDBI Bank.
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