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Fairfax-backed Sanmar close to acquiring a chemical plant down South

By Bruhadeeswaran R

  • 17 Nov 2016
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Fairfax-backed Sanmar close to acquiring a chemical plant down South
Sanmar | Credit: Thinkstock

Chennai-based Sanmar Group, backed by Fairfax India Holdings Corporation, part of India-born Canadian billionaire Prem Watsa's Fairfax Group, is in an advanced stage of discussions for acquiring chemical plants in a neighbouring state, a person familiar with the development told VCCircle.The company is close to clinching the deal and is ......

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