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Blackstone in fray to acquire IIFL Fin stake
Blackstone Inc is among global investment firms in the fray to buy a stake in IIFL Finance, just as Fairfax Financial Holdings looks to exit from the company, according to people familiar with the matter.
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economictimes.indiatimes.com
Fairfax to exit IIFL Finance before likely IDBI Bank deal; Blackstone emerges as suitor
Fairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The Canadian firm is in talks with private…
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Fairfax plans IIFL Finance exit to fund IDBI Bank bid
Fairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the proposed takeover of the state-owned…
