Fairfax Said to Lead Race for $8 Billion India Bank Stake Sale

Bloomberg · Feb 27, 2026 · Collected from RSS

Summary

Fairfax Financial Holdings Ltd. is the frontrunner to buy a majority stake in IDBI Bank Ltd., according to people familiar with the matter, in what could be the biggest foreign investment in India’s banking sector.

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HK Government to Inject New Capital Into Investment Fund
Hong Kong Investment Corporation CEO Clara Chan says she expects the government to soon announce more details of the planned capital injection into the fund, with the original $8 billion already mostly allocated. Speaking on Bloomberg's The China Show, she also discusses partnership plans to invest in commercial property. (Source: Bloomberg)

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Hong Kong’s Shock Move to Tap Dollar Defense Fund Fuels Concern
Hong Kong’s proposal to pull HK$150 billion ($19 billion) from a fund used to defend the currency’s peg with the greenback shocked some officials and raised concern over the precedent it sets.

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