Prem Watsa-led Fairfax weighs bid for Shipping Corporation

Capt. John

Indian born, Canadian billionaire Prem Watsa-led Fairfax Financial Holdings Ltd is weighing a bid for Shipping Corporation of India Ltd (SCI), the ‘navratna’ state-owned company which has been put up for privatisation by the government. On December 22, the Department of Investment and Public Asset Management (DIPAM) invited expression of interest to privatise SCI by …

The post Prem Watsa-led Fairfax weighs bid for Shipping Corporation first appeared on Hellenic Shipping News Worldwide.

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