It expects the offer to close later this year. Fairfax India's is to increase its stake to 3.6% in Fairfax India's for $ 225mn through a share tender offer. Fairfax India's Fairfax India Holdings unit will buy about 83 million shares of IIFL at 195 rupees each, a premium of 26% over the Indian firm's close price on Monday .
Fairfax India's is to increase its stake to 3.6% in Fairfax India's for $ 225mn through a share tender offer. Fairfax India's Fairfax India Holdings unit will buy about 83 million shares of IIFL at 195 rupees each, a premium of 26% over the Indian firm's close price on Monday .