Brief: Fairfax India to buy stake in Privi Organics for about INR 3.7 bln

Privi Speciality Chemicals

12/07/2016 19:02

July 12 (Reuters) - Fairfax India Holdings Corp  FIHu.TO : 
    * Fairfax India to acquire substantial stake in Privi 
Organics Limited 
    * Deal for $55 million 
    * Deal for a consideration of approximately INR 3.7 billion 
    * Adi Finechem and Privi Organics would continue to operate 
as distinct and independent business units of Fairchem 
 
Source text for Eikon:  ID:nCCN1MnkNR  
Further company coverage:  FIHu.TO  
 
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