Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has completed its previously announced acquisition of an additional 10% of the outstanding shares of Bangalore International Airport Limited from Bangalore Airport & Infrastructure Developers Private Limited, a wholly-owned subsidiary of GVK Power and Infrastructure Limited, for an investment of approximately INR 12.9 billion (approximately $200 million at current exchange rates).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-07-13 10:05:232023-06-28 13:37:15Fairfax India Acquires an Additional 10% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation is pleased to announce that it has completed a $400 million, 1-year secured term loan with a Schedule I Canadian bank.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-07-11 10:06:352023-06-28 13:37:20Fairfax India Completes $400 Million Term Loan
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has entered into an agreement to acquire an additional 10% of the outstanding shares of Bangalore International Airport Limited (“BIAL”) from Bangalore Airport & Infrastructure Developers Private Limited, a wholly-owned subsidiary of GVK Power and Infrastructure Limited for an aggregate investment of approximately INR 12.9 billion (approximately $200 million at current exchange rates).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-06-02 10:07:452023-07-13 08:09:48Fairfax India to Acquire Additional 10% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation announces net earnings of $149.0 million in the first quarter of 2017 ($1.05 net earnings per basic and diluted share) compared to net earnings of $0.7 million in the first quarter of 2016 ($0.01 net earnings per basic and diluted share), reflecting net unrealized gains on investments. Book value per share of $12.19 at March 31, 2017 increased from $10.25 at December 31, 2016.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-04-21 11:43:072023-06-28 13:38:34Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has completed its previously announced acquisition of 38% of the outstanding shares of Bangalore International Airport Limited for an aggregate consideration of approximately INR 25.22 billion (approximately $385 million at current exchange rates).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-03-24 11:44:252023-06-28 13:38:51Fairfax India Acquires 38% of Bangalore International Airport Limited
Fairfax India Holdings Corporation announces fiscal year 2016 net earnings of $107.8 million ($1.01 net earnings per basic and diluted share) compared to fiscal year 2015 net earnings of $40.9 million ($0.42 net earnings per basic and diluted share), reflecting increased net unrealized gains on investments. Book value per share of $10.25 at December 31, 2016 increased from $9.50 at December 31, 2015.
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-02-16 11:46:112023-06-28 13:39:48Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2016
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has completed its previously announced acquisition of 51% of the outstanding shares of Saurashtra Freight Private Limited for an aggregate consideration of approximately INR 2 billion (approximately $30 million at current exchange rates).
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has entered an agreement to invest INR 2 billion (approximately $30 million at current exchange rates) for a 51% equity ownership in Saurashtra Freight Private Limited (“Saurashtra Freight”).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-01-16 11:52:382023-06-28 13:40:01Fairfax India to Acquire 51% of Saurashtra Freight Private Limited
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announced today that the Company has completed its previously-announced bought deal public offering of 12,766,000 subordinate voting shares (the “Subordinate Voting Shares”) at a price of US$11.75 per Subordinate Voting Share, for gross proceeds of approximately US$150 million (the “Public Offering”).
https://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.png00Jinisha Jainhttps://www.fairfaxindia.ca/wp-content/uploads/Fairfax-India-Logo_blue-v02.pngJinisha Jain2017-01-13 11:54:322023-06-28 13:40:05Fairfax India Completes US$500 Million Offering Comprised of US$150 Million Public Offering and US$350 Million Private Placement
Fairfax India Acquires an Additional 10% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has completed its previously announced acquisition of an additional 10% of the outstanding shares of Bangalore International Airport Limited from Bangalore Airport & Infrastructure Developers Private Limited, a wholly-owned subsidiary of GVK Power and Infrastructure Limited, for an investment of approximately INR 12.9 billion (approximately $200 million at current exchange rates).
Fairfax India Completes $400 Million Term Loan
Fairfax India Holdings Corporation is pleased to announce that it has completed a $400 million, 1-year secured term loan with a Schedule I Canadian bank.
Fairfax India to Acquire Additional 10% Interest in Bangalore International Airport Limited
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has entered into an agreement to acquire an additional 10% of the outstanding shares of Bangalore International Airport Limited (“BIAL”) from Bangalore Airport & Infrastructure Developers Private Limited, a wholly-owned subsidiary of GVK Power and Infrastructure Limited for an aggregate investment of approximately INR 12.9 billion (approximately $200 million at current exchange rates).
Fairfax India Holdings Corporation: First Quarter Financial Results
Fairfax India Holdings Corporation announces net earnings of $149.0 million in the first quarter of 2017 ($1.05 net earnings per basic and diluted share) compared to net earnings of $0.7 million in the first quarter of 2016 ($0.01 net earnings per basic and diluted share), reflecting net unrealized gains on investments. Book value per share of $12.19 at March 31, 2017 increased from $10.25 at December 31, 2016.
Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax India Holdings Corporation is pleased to announce the results of the vote on Directors at its April 20, 2017 Annual Shareholders’ Meeting.
Fairfax India Acquires 38% of Bangalore International Airport Limited
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has completed its previously announced acquisition of 38% of the outstanding shares of Bangalore International Airport Limited for an aggregate consideration of approximately INR 25.22 billion (approximately $385 million at current exchange rates).
Fairfax India Holdings Corporation: Financial Results for the Year Ended December 31, 2016
Fairfax India Holdings Corporation announces fiscal year 2016 net earnings of $107.8 million ($1.01 net earnings per basic and diluted share) compared to fiscal year 2015 net earnings of $40.9 million ($0.42 net earnings per basic and diluted share), reflecting increased net unrealized gains on investments. Book value per share of $10.25 at December 31, 2016 increased from $9.50 at December 31, 2015.
Fairfax India Acquires 51% of Saurashtra Freight Private Limited
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has completed its previously announced acquisition of 51% of the outstanding shares of Saurashtra Freight Private Limited for an aggregate consideration of approximately INR 2 billion (approximately $30 million at current exchange rates).
Fairfax India to Acquire 51% of Saurashtra Freight Private Limited
Fairfax India Holdings Corporation is pleased to announce that, through its wholly-owned subsidiary (collectively, “Fairfax India”), it has entered an agreement to invest INR 2 billion (approximately $30 million at current exchange rates) for a 51% equity ownership in Saurashtra Freight Private Limited (“Saurashtra Freight”).
Fairfax India Completes US$500 Million Offering Comprised of US$150 Million Public Offering and US$350 Million Private Placement
Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) announced today that the Company has completed its previously-announced bought deal public offering of 12,766,000 subordinate voting shares (the “Subordinate Voting Shares”) at a price of US$11.75 per Subordinate Voting Share, for gross proceeds of approximately US$150 million (the “Public Offering”).