Fairfax buys India's Privi Organics for $55m
Fairfax India, the India unit of Canada-based Fairfax Financial Holdings, has agreed to buy Mumbai-based aroma chemicals maker Privi Organics for INR3.7 billion ($55 million).
The transaction, which is expected to close in the third quarter of 2016 and is subject to regulatory approval, will see Fairfax acquire a 51% stake in the business. Following the purchase, Fairfax plans...
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