Banking News
Read the full story
Source: Economic Times
Economic Times
Source
Banking Sector
Category
4 min
Read time
17 Oct
Published
Banking Sector
4 min read· Economic TimesFairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankers
Fairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest foreign investment in India’s banking sector, but also because the transaction was handled without the involvement of major investment banks. Fairfax and IDBI Bank did not launch a form…
Fairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest foreign investment in India’s banking sector, but also because the transaction was handled without the involvement of major investment banks. Fairfax and IDBI Bank did not launch a form
Source: Economic Times