Acquiring Company
Fairfax Financial Holdings Ltd
Acquired Company
IDBI Bank
Toronto
MumbaiFinancial ServicesHospitalityFinancial ServicesBankingDescription
The government is divesting more than 60 per cent of IDBI Bank's holding to Fairfax Financial Holdings for Rs 52,878 crore. Under the share purchase agreement, existing employees' service conditions cannot be changed to their disadvantage by the buyer. A dedicated pension fund has been set aside and pension commitments will be honoured.
Who to call at Fairfax Financial Holdings Ltd, and when
When Fairfax Financial Holdings Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Fairfax Financial Holdings Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fairfax Financial Holdings Ltd, from your own LinkedIn network
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Fundz sees it the moment Fairfax Financial Holdings Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired IDBI Bank?
IDBI Bank was acquired by Fairfax Financial Holdings Ltd, based in Toronto. The deal was reported on October 24, 2026. Fairfax Financial Holdings Ltd. is a holding company primarily engaged in property/casualty insurance and reinsurance, with associated investment management. Fairfax Financial Holdings Ltd is publicly traded (FRFHF) and operates in Financial Services.
When did Fairfax Financial Holdings Ltd acquire IDBI Bank?
Fairfax Financial Holdings Ltd's acquisition of IDBI Bank was reported on October 24, 2026. The government is divesting more than 60 per cent of IDBI Bank's holding to Fairfax Financial Holdings for Rs 52,878 crore. Under the share purchase agreement, existing employees' service conditions cannot be changed to their disadvantage by the buyer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IDBI Bank do?
IDBI Bank is a major public sector bank in India that has been undergoing a transition of ownership to Life Insurance Corporation of India. It is privately held, operating in Financial Services, and is based in Mumbai.
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