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Trusted by
Acquiring Company
M/s 10955230 Canada
Acquired Company
IDBI Bank Ltd
Description
The Cabinet Committee on Economic Affairs has approved the acquisition of a 60.72% stake in IDBI Bank by M/s 10955230 Canada Inc., a subsidiary of Fairfax Financial Holdings Ltd. The deal is valued at ₹52,878.08 crore and is part of the government's disinvestment programme. This acquisition includes shares from the Government of India and the Life Insurance Corporation of India.
Fundz sees it the moment M/s 10955230 Canada makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired IDBI Bank Ltd?
IDBI Bank Ltd was acquired by M/s 10955230 Canada, based in Toronto. The deal was reported on October 15, 2026. M/s 10955230 Canada Inc. is a subsidiary of Fairfax Financial Holdings Ltd. This company is involved in acquisition and investment activities. M/s 10955230 Canada is privately held and operates in Financial Services.
When did M/s 10955230 Canada acquire IDBI Bank Ltd?
M/s 10955230 Canada's acquisition of IDBI Bank Ltd was reported on October 15, 2026. The Cabinet Committee on Economic Affairs has approved the acquisition of a 60.72% stake in IDBI Bank by M/s 10955230 Canada Inc., a subsidiary of Fairfax Financial Holdings Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IDBI Bank Ltd do?
IDBI Bank Ltd. is one of the major commercial banks in India, providing a range of banking and financial services. It was established in 1964 and has a significant presence in retail and corporate banking. It is privately held, operating in Financial Services, and is based in Mumbai.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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