Fairfax India to invest $300m in Sanmar Chemicals

Fairfax India to invest $300m in Sanmar Chemicals

Fairfax Holdings CEO Prem Watsa. Photo: Reuters

Fairfax India Holdings Corp, part of Canadian billionaire Prem Watsa’s Fairfax Holdings, said it would invest $300 million in privately held Indian petrochemical company Sanmar Chemicals Group through a combination of equity and fixed-income securities.

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