Fairfax to exit Bengaluru airport for $1.5 bn

By Anirudh Laskar

  • 27 Oct 2022
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Credit: 123RF.com

Fairfax Financial Holdings Ltd, controlled by Canadian billionaire Prem Watsa, plans to sell its entire stake in Bangalore International Airport Ltd (BIAL) for at least $1.5 billion, two people familiar with the matter said.  Fairfax has infused about $1 billion into BIAL, making it the billionaire’s largest investment in India.  “A premium ......

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