WebSep 16, 2024 · NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted). TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the … Webhas completed the second closing of its investment in Maxop Engineering Company Private Limited (“Maxop”). In connection with the second closing, Fairfax India invested INR 1.75 billion ($22.1 million), based on the achievement by Maxop of certain financial-based performance targets, for an additional 16% equity interest in Maxop.
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WebJan 26, 2024 · Fairfax India Holdings Corp, an India-dedicated private equity-style investment firm led by Canadian billionaire Prem Watsa, has struck its second buyout in the Indian engineering sector within four months. The firm has signed a deal to buy a 70% stake in Jaynix Engineering Pvt Ltd for Rs 245 crore ($33 million). WebSep 6, 2024 · As previously announced, in connection with the initial transaction, Fairfax India invested INR 2.22 billion ($29.5 million) for a 51% equity interest in Maxop. Following completion of the second closing, Fairfax India has invested, in aggregate, INR 3.97 billion ($51.6 million) for, in aggregate, a 67% equity interest in Maxop. fun facts about beef farming
Fairfax India Completes Initial Closing of Its Investment in Maxop ...
WebSep 16, 2024 · In connection with the initial transaction, Fairfax India will invest INR 2.22 billion (approximately $30 million at current exchange rates) for a 51% equity interest in … WebNov 30, 2024 · In the second transaction, Fairfax India will invest up to INR 2.66 billion (approximately $35 million at current exchange rates), such amount to be determined based on the achievement by Maxop of ... WebFairfax India Holdings Corporation (“Fairfax India”) is an investment holding company whose objective is to achieve long term capital appreciation,while preserving capital,by … girls monster high