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PREM WATSA INVESTMENT
Fairfax India makes open offer to buy additional 26% in IIFL Capital ServicesFairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follow...
Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
Fairfax likely to buy 10% more in IIFL Capital via preferential allotmentFairfax Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...
Fairfax, OMERS to extend IPO timeline of Bangalore airport holding companyFairfax Financial and OMERS have extended by 12 months the timeline for the planned IPO of Anchorage Infrastructure, the holding company ow...
Prem Watsa: How an Indian became Canada's Warren BuffettIndian-Canadian billionaire Prem Watsa, hailed as the "Warren Buffett of Canada," has announced his succession plan for Fairfax Financial H...
Who is Ben Watsa, the future chairman of Fairfax financial and heir to Prem Watsa’s $100-billion empire?Billionaire Prem Watsa has revealed his son, Ben Watsa, will succeed him as chairman of Fairfax Financial Holdings. The news comes from Dav...
Watsa plans to invest $7 billion more"We are just thinking how we can mobilise support for India in terms of investing a lot more by raising a lot more money. Not through Fairf...
Prem Watsa open to investing in PSU banksWatsa said that governance and management more than shareholding were key issues holding up efficient management of public sector banks.
Fairfax to buy 51% in Catholic Syrian BankLast year, Fairfax has made a formal offer valuing the bank at around Rs 1,300 crore, but the Canadian firm walked out from negotiations af...
ET Awards: Fairfax's Prem Watsa wins Global Indian award for corporate excellencePrem Watsa has come a long way since he landed in Canada as a young immigrant in the early 1970s with just $8 in his pocket.
Prem Watsa's BIAL investment on PM Narendra Modi's tableIndian-origin Prem Watsa's investment is stuck with the Ministry of Civil Aviation awaiting security clearance, and the delay is holding up...
Prem Watsa acquires 49.2% in Quantum AdvisorsThe deal involves HWIC Asia Fund, an affiliate of Watsa-owned Fairfax Holdings, buying Menlo Oak Venture Investments’ stake in Quantum.
Why Fairfax Financial Holding's founder Prem Watsa wants more equity in IIFLIf Watsa’s open offer succeeds, he will hold more equity in IIFL than mercurial founder and chairman Nirmal Jain and long-time partner R Ve...
IIFL Holdings surges on open offer, hits 52-week highThe offer price for the open offer has been set at Rs 195 per share, which is at a 3.72% premium to Monday's closing of Rs 188 on the BSE.
Promoters not tendering shares in Prem Watsa-led Fairfax India's offer to buy 26 per cent in IIFL Holdings: Nirmal Jain, chairman"Prem Watsa has been very bullish on India, and he has been one of the most vocal admirers and supporters of the present government. "
Prem Watsa backed Thomas Cook set to take over Sterling Holidays & ResortsPost merger, Fairfax will own 67% of Thomas Cook India, Bay Capital will own 9% and rest by shareholders of both the companies.
- Prem Watsa: The Indian who bailed out Bank of Ireland
When Bank of Ireland faced nationalization, a group of North American investors pumped in $1.6 bn to keep it out of the hands of the Irish ...