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Fairfax India new issue

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thrifty:
Anyone interested or participating?

karthikpm:
How do you buy this? It just looks like a subsidiary of FFH

nodnub:
Karthikpm, it's an IPO which hasn't occurred yet, so you can't trade it yet. It looks like an offering for a SPAC focused on India. It's not technically a SPAC.

The Company has applied to have the Subordinate Voting Shares listed on the TSX.


The Company anticipates that its portfolio will be concentrated, provided that the Net Proceeds of the Offerings will be invested in at least six different Indian Investments, such that no single investment is expected to have an overly undue impact on the performance of the Company.

Pauly:
https://ca.finance.yahoo.com/news/fairfax-india-prices-us-500-154800683.html

Looks like it should start trading soon. I'm very optimistic about India's future and having Prem directly running some money there sounds pretty good to me.

moody202:
Is this still on schedule for Jan 30th?

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