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Fairfax’s Watsa Bets On IDBI Payoff As India Booms, Report Says

Source: Bloomberg

M&A & RestructuringBanking & LiquidityEmerging Markets

Prem Watsa is betting that Fairfax Financial Holdings Ltd.’s acquisition of IDBI Bank Ltd. will pay off, citing India’s growth prospects, according to the Economic Times. The report provides no deal value, timing, or other financial details.

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