India has received revised bids from Fairfax Financial and Emirates NBD for the sale of their majority stake in IDBI Bank, restarting a process that stalled earlier this year due to valuation disagreements. The updated bids suggest the transaction may regain momentum, though final pricing and deal certainty remain unclear.
India has received revised bids from Fairfax Financial and Emirates NBD for the sale of their majority stake in IDBI Bank, restarting a process that stalled earlier this year due to valuation disagreements. The updated bids suggest the transaction may regain momentum, though final pricing and deal certainty remain unclear.
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