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Fairfax India completes equity infusion in Sanmar Group, takes stake to 43%

Under the deal, Sanmar bought back bonds worth Rs 1,990 crore that had sold to Fairfax, which partly re-invested the proceeds into the chemical-making group's equity

Topics
Fairfax | Fairfax India | Fairfax India Holdings

T E Narasimhan  |  Chennai 



private equity
Watsa said profitability is expected to improve significantly with capacity addition in Egypt.

India Holdings Corporation has completed an equity infusion into Chennai-based Sanmar Chemicals Group, taking its equity interest in the group to about 43 per cent.

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First Published: Tue, December 24 2019. 17:02 IST

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