March 24, 2017 / 3:35 PM / 4 months ago

BRIEF-Fairfax India says buys 38 pct of Bangalore International Airport Ltd

1 Min Read

March 24 (Reuters) - Fairfax India Holdings Corp:

* Deal for approximately $385 million

* Fairfax India acquires 38% of Bangalore International Airport Limited

* Deal for approximately INR 25.22 billion

* 33% of shares of Bangalore International Airport bought from Bangalore Airport & Infrastructure Developers, a unit of GVK Power & Infrastructure

* 5 percent of outstanding shares of Bangalore International Airport Limited was bought from Flughafen Zürich AG

* Through unit has completed previously announced acquisition of 38% of outstanding shares of Bangalore International Airport Ltd Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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