Reuters logo
BRIEF-Fairfax sells shares of ICICI Lombard
September 27, 2017 / 1:19 PM / 3 months ago

BRIEF-Fairfax sells shares of ICICI Lombard

Sept 27 (Reuters) - Fairfax Financial Holdings Ltd:

* Fairfax sells shares of ICICI Lombard

* Fairfax Financial Holdings Ltd - ‍shares were sold as part of ICICI Lombard’s Initial Public Offering, which values ICICI Lombard at RS. 30,000 crore​

* Fairfax Financial Holdings Ltd - ‍upon completion of transaction, fairfax’s share ownership in ICICI Lombard will be about 9.9%​

* Fairfax Financial Holdings Ltd - unit has sold 12% of shares of ICICI Lombard for gross proceeds of approximately $548 million​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below