Fairfax India to acquire 65% of Global Aluminium for $83m

Fairfax India to acquire 65% of Global Aluminium for $83m

Fairfax India Holdings Corporation (TSX: FIH.U) has announced a significant move in its investment strategy by entering into an agreement through its wholly-owned subsidiary to invest INR 6,955 million (approximately $83 million USD) for a 65% stake in Global Aluminium Private Limited (“Global Aluminium”). The transaction, pending customary closing conditions, is expected to finalize in […]

Quess Corp, Fairfax to set up CMC Vellore Paediatric Specialty Centre

Quess Corp, Fairfax to set up CMC Vellore Paediatric Specialty Centre

Quess Corp Ltd., an Indian business services provider, is joining forces with Canada-based Fairfax Financial to set up CMC Vellore Paediatric Specialty Centre with an investment of INR 300 crores. In this connection, the two firms have signed a memorandum of association (MoA) with Christian Medical College (CMC), Vellore. CMC Vellore Paediatric Specialty Centre will […]