India Receives Revised Bids for IDBI Stake Sale from Fairfax Financial and Emirates NBD
The Indian government has received revised bids from Fairfax Financial and Emirates NBD to acquire its stake in IDBI Bank, advancing the privatisation process. The combined sale of a 60.7% stake is valued at approximately USD 5.7 billion.
Topics: Emirates NBD Fairfax Financial IDBI Bank India privatization stake sale