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Was there any commentary at the AGM on Fairfax's ability to increase its stake in Go Digit above it 49%? It would seem that this is a hold up in their ability to IPO Digit

as of the last filing period how much MU did Fairfax own?

Zurich Insurance to buy 70% stake in Kotak arm upfront in amended deal Reuters February 23, 20249:38 AM PSTUpdated 4 days ago [1/2]The logo of Zurich Insurance is seen at its headquarters in Zurich, Switzerland January 13, 2022. REUTERS/Arnd Wiegmann/File Photo Purchase Licensing Rights, opens new tab BENGALURU, Feb 23 (Reuters) - Zurich Insurance Group (ZURN.S), opens new tab will buy a 70% stake in Kotak Mahindra Bank's (KTKM.NS), opens new tab general insurance arm by paying 55.60 billion rupees (nearly $671 million) upfront instead of staggering the purchase as planned last year, the Indian lender said on Friday. Under the original deal, announced in November last year, Zurich was to buy a 51% stake in the Kotak unit for 40.51 billion rupees and an additional 19% holding within three years of the first purchase. Advertisement · Scroll to continue The deal will be the largest investment by a global insurer in a non-life insurer in the Indian market. The change in the deal's terms will not affect Kotak General's valuation, which was 79.43 billion rupees according to the filing from November 2023. Kotak Mahindra Bank said the other terms of the transaction remain unchanged. ($1 = 82.8720 Indian rupees)

Athens Airport pricing - good comp for BIAL MILAN, Jan 25 (Reuters Breakingviews) - Greece is taking a prudent approach on its most emblematic courting of the equities market since its 2009 debt crisis. Athens International Airport (AIA), 55%-controlled by the Greek state, has won approval to offer 30% of its stock at between 7 euros and 8.2 euros a share, implying a market capitalisation of between 2.1 billion euros and 2.4 billion euros. With net debt of 405 million euros at the end of September and 460 million euros in cash dividends due to investors pre-IPO between then and now, the airport operator should command an enterprise value of around 3.3 billion euros. Advertisement · Scroll to continue That is not excessive. At 7.6 times its annualised 2023 EBITDA of around 430 million euros, AIA’s valuation looks cheap in comparison with average trailing multiples of around 11 for the industry, per Breakingviews calculations based on LSEG data. That should ensure a smooth market takeoff. Existing shareholders will in any case walk away happy: generous pre-IPO dividends should ensure the Greek government takes home up to 1.2 billion euros with the sale, while keeping a toe in the airport company. (By Lisa Jucca)

Go Digit growth rate and market share

MADRID, Nov 28 (Reuters) - Infrastructure giant Ferrovial (FERF.AS) has reached an agreement with two different buyers to sell its entire 25% stake in Britain's busiest airport, Heathrow, for 2.37 billion pounds ($3.01 billion) the company said in a statement on Tuesday. Ferrovial (FERF.AS) said the buyers for the stake in FGP Topco - the parent company of Heathrow Airport Holdings Ltd - were private equity fund Ardian and Saudi Arabia's Public Investment Fund (PIF). Ardian would acquire a 15% stake and PIF a 10% stake. This is a nice Comp for BIAL!!!!

what website are you using to get the earnings estimates? Thanks

This is brilliant. Fairfax in June 2022 sold its Pet Insurance to JAB for $1.4B. With Fairfax's deep industry knowledge of the space Go Digit is partnering with Vetina to offer a comprehensive pet insurance plan in India. This partnership has the real potential to grow smartly and quickly and generate significant returns.

LONDON, 22 August 2023 - Exponent today announces that it has reached an agreement to sell a portion of its stake in Meadow, a leader in sustainable dairy, confectionery and plant-based ingredients, to Fairfax Financial Holdings Limited (‘Fairfax Financial’), a holding company headquartered in Canada. Meadow partners with the world’s leading food manufacturers to solve their most complex challenges and supplies the crucial ingredients in many of the UK’s favourite brands. The company employs over 500 people across five sites in the UK (Chester, Peterborough, Holme-on-Spalding Moor, Dolgellau and Headcorn). Building on its strong track record in identifying category-leading businesses under family ownership, Exponent acquired a significant stake in Meadow alongside the Chantler family in 2018. The family and Exponent will retain a stake in the business following the sale. Under Exponent’s ownership, Meadow has expanded its production footprint and product set via sustained organic growth and strategic acquisitions. Key milestones in recent years include entering the plant-based category through the construction of a segregated plant based dairy facility in Chester and entering the inclusions and sweet sauces categories through the acquisitions of Nimbus Foods and Naked Foods. Sustainability has been at the heart of Exponent’s strategy in working with Meadow. The business has become a market leader for sustainability in the dairy industry, partnering with farmers to reduce the carbon footprint of its raw materials inputs, targeting net zero operational sites by 2030 and to be fully net zero by 2050. With Exponent’s support, Meadow has re-set the work it does with farmers to reduce carbon emissions and help them prioritise biodiversity. The efforts have resulted in a 21% reduction in CO2e emissions per kilo of milk since 2018. Meadow’s suppliers are now producing milk which is 63% less carbon-intensive than the global average and 15% less carbon-intensive than the UK average. Mark Taylor, Partner at Exponent, said: “When we invested in Meadow, we recognised the opportunity to support the business in its transformation from a commodity dairy player to a diversified speciality food ingredients supplier, building on our experience in the sector with the likes of Quorn Foods and Loch Lomond. Over the course of our partnership, the business has generated significant organic and inorganic growth, including four bolt-on acquisitions, and accelerated its shift into more value-added ingredients. It is a trusted partner to the world’s largest food and beverage companies. We are delighted to have played a key role in Meadow’s successful journey to date, and we wish the team well as the business prepares for its next phase of growth.” Raj Tugnait, CEO at Meadow, said: “We are proud of the strong growth achieved since partnering with Exponent, and I’m delighted that Meadow has seen interest from a solid financial institution like Fairfax. The alignment of Fairfax’s culture and values and our shared vision for growth and innovation resonated with me personally. It is business as usual for our customers and Fairfax is the ideal long-term partner for Meadow’s journey ahead.”

Great data. Where do we go on SEDAR to find this data? It will be interesting if Fairfax India trade was a repurchase by India or HoldCo.?

thank you for attaching the Fairfax India AM transcript....Could you also provide us the Fairfax Holdings AM transcript? thank you kindly

great color. Thank you

any news today on Bangalore IPO? shares showing some life

what is the stock symbol for the Francis Chou's vehicle?

Anyone have an idea what the EBITDA looks like for BIAL?

I think Fairfax is still trying to resolve its ownership stake in Go Digit? Trying to secure its 74% stake.

Fairfax India up and Fairfax Hold Co sharply lower...Go figure

Thank you

Have the June Non-Life premiums been released yet for Digit? Any of you track this data?

Do you the construction progress of Bangalore Terminal 2?