Fairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follow...

Fairfax 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 Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...

Fairfax Financial and OMERS have extended by 12 months the timeline for the planned IPO of Anchorage Infrastructure, the holding company ow...

Indian-Canadian billionaire Prem Watsa, hailed as the "Warren Buffett of Canada," has announced his succession plan for Fairfax Financial H...

Billionaire Prem Watsa has revealed his son, Ben Watsa, will succeed him as chairman of Fairfax Financial Holdings. The news comes from Dav...

"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...

Watsa said that governance and management more than shareholding were key issues holding up efficient management of public sector banks.

Last 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...

Prem 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.

Indian-origin Prem Watsa's investment is stuck with the Ministry of Civil Aviation awaiting security clearance, and the delay is holding up...

The deal involves HWIC Asia Fund, an affiliate of Watsa-owned Fairfax Holdings, buying Menlo Oak Venture Investments’ stake in Quantum.

If 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...

The 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.

"Prem Watsa has been very bullish on India, and he has been one of the most vocal admirers and supporters of the present government. "

Post merger, Fairfax will own 67% of Thomas Cook India, Bay Capital will own 9% and rest by shareholders of both the companies.

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 ...