IFLR1000

Fairfax India Re12.1 billion acquisition of 51% stake in The Catholic Syrian Bank

26/2/2018
Private acquisition
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Re 12.1 billion

$ 186 million

Announced

26/2/2018

Overview:

  • Fairfax India has acquired a 51% stake in The Catholic Syrian Bank for Re12.1 billion.
  • The target company is a full-service bank, headquartered in Thrissur.
  • Fairfax is an investment company working with private equity securities and debt instruments.

Katrin Kostadinova - Data analyst 

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Banking

Firm:
AZB & Partners

Party: Fairfax India Holdings Corporation (Acquirer)

Lawyer: Roxanne Anderson

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