BRIEF-Fairfax India to buy stake in Privi Organics for about INR 3.7 bln

Tue Jul 12, 2016 2:09pm EDT
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July 12 (Reuters) - Fairfax India Holdings Corp :

* Fairfax India to acquire substantial stake in Privi Organics Limited

* Deal for $55 million

* Deal for a consideration of approximately INR 3.7 billion

* Adi Finechem and Privi Organics would continue to operate as distinct and independent business units of Fairchem Source text for Eikon: Further company coverage: