Jump to content

Fairfax to buy 51% in Catholic Syrian Bank


valueinvesting101

Recommended Posts

https://economictimes.indiatimes.com/industry/banking/finance/fairfax-to-buy-51-in-catholic-syrian-bank/articleshow/62964948.cms

 

IIFL's demerger makes more sense after this news.

 

https://economictimes.indiatimes.com/industry/banking/finance/iifl-holdings-to-demerge-capital-wealth-finance-business-in-one-year/articleshow/62776055.cms

 

During IIFL conference call, they did mention one of the motivation was easier regulatory approval.

 

Could this be step along with demerger of IIFL to create bigger bank by merging Catholic Syrian Bank and IIFL?

Link to comment
Share on other sites

  • 2 years later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...