IDBI Bank Stake Sale: Fairfax and Emirates NBD Bid for 60.72% Stake; Winner in 30 Days
IDBI Bank's divestment process enters the endgame as Fairfax and Emirates NBD submit updated bids for the 60.72% stake held jointly by the Government of India and LIC. A winner will be selected in a…
Read the full articleYou might also wanna read

IDBI Bank privatisation gains pace with revised Fairfax, Emirates NBD bids
New Delhi: The government's long-awaited privatisation of IDBI Bank has moved a step closer after revised financial bids were received from
Prem Watsa-led Fairfax set to deepen presence in India? Govt may sell IDBI Bank stake to Canadian firm
IDBI Bank stake sale: Emirates NBD, which has already acquired a 60 per cent stake in private sector lender RBL Bank, is said to have also b
After IDBI, who's next? Sale revival rekindles PSB privatisation debate
The government has received revised financial bids from Canada's Fairfax Financial Holdings and Dubai's Emirates NBD for the sale of a combi
IDBI stake sale back on table, government keen to speed up process
Government is accelerating the IDBI Bank stake sale process. Two bidders, Fairfax and Emirates NDB, are being considered. This follows the r

New bids from Dubai's Emirates NBD and Fairfax revive stalled IDBI Bank sale, say sources
The sale process was stalled earlier this year after bids submitted in March by Fairfax and Emirates fell short of the government's expect
Fairfax to acquire IDBI Bank stake in $5.5 billion deal, biggest foreign investment in Indian bank
Fairfax Holdings aims to secure a major stake in IDBI Bank through an improved offer. The collaboration with the government and LIC is set t

Comments
Sign in to join the conversation.
No comments yet. Be the first.