Billionaire Prem Watsa-led Fairfax to raise Sanmar Chemicals stake to 43%

Billionaire Prem Watsa-led Fairfax to raise Sanmar Chemicals stake to 43%

Photo: Reuters

Fairfax India Holdings Corp, part of Canadian billionaire Prem Watsa’s Fairfax Holdings, is increasing its stake in Indian petrochemical company Sanmar Chemicals Group to 43 per cent from the current 30 per cent, it said in a statement on Monday.

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