Canada’s Fairfax Faces Opposition Over $5.5 Billion Deal to Acquire India’s IDBI Bank
By ABE Magazine | November 4, 2026 Canadian financial services company Fairfax Financial Holdings is facing growing opposition to its proposed $5.5 billion acquisition of a controlling stake in India’s IDBI Bank, as employee groups and political critics raise concerns about the privatization of a major financial institution. The proposed transaction would give Toronto-based Fairfax…