Fairfax Financial Holdings agrees to buy IDBI Bank for INR 528.78 billion
The sellers are Government of India and LIC.
Fairfax Financial Holdings Acquirer · IDBI Bank Target · Government of India Seller · LIC Seller
The deal
- Type
- Acquisition
- Amount
- INR 528.78B
- Structure
- 60.72% stake at ₹81 per share
- Status
- Announced
- Valuation
- Not recorded
- Region
- India
- Date
- 15 October 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed