Tag: FIH Mauritius

Fairfax India completes sale of equity interest in IIFL Wealth Management Limited

Fairfax India Holdings Corporation (Fairfax India), an investment holding company, announced that its wholly-owned subsidiary, FIH Mauritius Investments Ltd. has completed its previously announced sale of 9.8% equity interest in IIFL Wealth Management Limited (IIFL Wealth) to Bain Capital for gross proceeds of approximately $172 million (approximately INR14.0 billion at current exchange rates). As a…