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Fairfax India invests $72 mn in private shipping firm

By Ankit Doshi

  • 29 Mar 2019
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Fairfax India invests $72 mn in private shipping firm
Credit: Pexels

Fairfax India Holdings Corporation, the publicly listed private equity-style investment platform of Canada’s Fairfax Financial Holdings Ltd, has picked up a significantly minority stake in Seven Islands Shipping Ltd for Rs 500 crore ($72 million). The deal involved a fresh issue of shares and a secondary acquisition of shares cumulating to ......

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