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Catholic Syrian Bank: Valuing a Majority Stake in a Commercial Bank
S. Veena IyerCaso IVEY-9B19N005-EDirección estratégica, FinanzasFairfax Financial Holdings Limited (Fairfax), the Canadian insurance and investment company, made an offer in 2016 for a majority stake in the Catholic Syrian Bank Limited (CSB), a regional private bank in India. Despite its initial enthusiasm for the deal, the CSB rejected the offer because of low valuation. At the behest of the Reserve Bank of India, the CSB made a counter-offer to Fairfax for a majority stake at a substantially higher valuatio...Desde 8,20 €