Fairfax’s IDBI Bank Acquisition Valued Above Recent Bank Deals
IDBI Bank’s acquisition by Canadian investor Fairfax Holdings is priced at 1.5 to 1.6 times book value, above the cited multiples for RBL Bank and Yes Bank deals.
IDBI Bank’s acquisition by Canadian investor Fairfax Holdings is priced at 1.5 to 1.6 times book value, above the cited multiples for RBL Bank and Yes Bank deals.