Headquartered in Toronto, Canada, Fairfax Financial Holdings Ltd. will pay the equivalent of $321 million to acquire 33 per cent of the equity in Bangalore International Airport Ltd, from GVK Power and Infrastructure Ltd., an Indian conglomerate operating across several industry sectors. Fairfax India Holdings Corp., a publicly traded company,...
Fairfax Financial Holdings’ Strong Focus on India
Prem Watsa, known as the Warren Buffet of Canada, plans to invest at least $1 billion in India as part of a consortium. Watsa’s company, Fairfax Financial Holdings has already invested $27 billion worldwide. The IIT Madras alumnus left India 42 years ago and is counted amongst the wealthiest individuals...