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Fairfax India Receives All Regulatory Approvals to Complete

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(Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted).

TORONTO, Sept. 07, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has received all regulatory approvals required to complete the previously announced transaction to sell approximately 11.5% (on a fully-diluted basis) of its interest in Anchorage Infrastructure Investments Holdings Limited (“Anchorage”) for gross proceeds of approximately INR 9.5 billion (approximately $129 million at current exchange rates). The Company intends to close the transaction as soon as practicable.

Anchorage is a subsidiary of Fairfax India and will be its flagship company for investing in companies, businesses and opportunities in the airport and infrastructure sectors of India. Anchorage…

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