Fairfax Financial Holdings Limited
Recent events
Recent events tied to this brand in public sources.
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2026
IDBI workers call strike opposing proposed takeover
The United Forum of IDBI Officers and Employees called for a two-day nationwide strike opposing the proposed sale of IDBI Bank to Fairfax. The union also raised concerns about the sale's transparency and valuation.
2026
Fairfax completed sale of Eurolife life insurance operations to Eurobank
Fairfax announced the completed sale of its 80% equity interest in the life insurance business operated by Eurolife FFH Insurance Group Holdings S.A. to Eurobank for approximately €813 million in cash.
2026
India announces $5.5 billion sale of 60.7% stake in IDBI Bank to Fairfax Financial Holdings
India's Ministry of Finance announced on Wednesday the sale of a 60.7% stake in state-owned IDBI Bank to Canada's Fairfax Financial Holdings for over 529 billion rupees ($5.5 billion), with Fairfax's winning bid at 81 rupees per share. The government said the deal, which still requires approvals including a Reserve Bank of India fit-and-proper assessment, would become the largest foreign direct investment transaction in India's financial sector. IDBI Bank shares fell more than 7% on Thursday after the announcement.