 "Fairfax")
Fairfax India is planning to list its subsidiary Anchorage Infrastructure Investments Holdings (AIIHL), the group's flagship investment vehicle for airports and other infrastructure investments in the country. The plan is to eventually transfer all of Fairfax’s shares in Bangalore International Airport (BIAL) to AIIHL.
In December 2019, Fairfax India signed definitive agreements with an investor, whereby it would transfer 43.6 per cent of BIAL out of the 54 per cent that it owns to AIIHL. The investor will pay about $135 million to acquire from Fairfax India 11.5 per cent stake on a fully diluted basis in AIIHL. This will result
