Fairfax India to buy 74% stake in NCMSL for Rs 800 crore
Fairfax India Holdings Corporation Monday announced that it has agreed to acquire approximately 74 per cent in commodities storage and services firm National Collateral Management Services (NCMSL), through its wholly-owned subsidiary FIH Mauritius Investments, for about Rs 800 crore.
Jul 20, 2015, 23:05 PM ISTIIFL Holdings jumps almost 3% on Fairfax open offer
Shares of IIFL Holdings rose almost 3 percent on Wednesday after Fairfax India Holdings announced an open offer to buy an additional 26 percent stake in the financial services firm.
Jul 15, 2015, 13:29 PM IST