Fairfax India SV USF (TSE:FIH.U) has released an update.
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Fairfax India Holdings Corporation is set to acquire a 65% stake in Global Aluminium Private Limited, a leading Indian aluminum extrusions manufacturer, for approximately $83 million. The deal, which is expected to close in Q4 2024, aligns with Fairfax India’s strategy of investing in Indian businesses and is anticipated to foster growth and success through a shared commitment to quality and innovation.
For further insights into TSE:FIH.U stock, check out TipRanks’ Stock Analysis page.
