BRIEF-Fairfax India To Acquire Additional Equity Interest In Iifl Capital Services Limited

May 7 (Reuters) - Fairfax India Holdings Corp FIHu.TO:

  • FAIRFAX INDIA TO ACQUIRE ADDITIONAL EQUITY INTEREST IN IIFL CAPITAL SERVICES LIMITED

  • FAIRFAX INDIA HOLDINGS CORP - TO INCREASE IIFL CAPITAL OWNERSHIP TO AT LEAST 51%

  • FAIRFAX INDIA HOLDINGS CORP - TO SUBSCRIBE 10% NEW IIFL CAPITAL SHARES AT INR 350, OPEN OFFER FOR UP TO 26%

  • FAIRFAX INDIA HOLDINGS CORP - AGGREGATE CONSIDERATION EXPECTED TO BE INR 39.3 BILLION (US$415 MILLION)

Source text: ID:nGNX6Y7W84

Further company coverage: [FIHu.TO]


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