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.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
1 result loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
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.