Market Chatter: Blackstone Eyes Stake in India's IIFL Finance as Fairfax Financial Looks to Exit

MT Newswires Live

Sep 08

Blackstone (BX) is in talks to acquire a stake in India's IIFL Finance, with Fairfax Financial looking to sell its equity in the company, Bloomberg reported Monday, citing people familiar with the matter.

Fairfax, which held a 15.2% stake in IIFL Finance as of June 30, is considering selling its entire holding as it moves toward a potential acquisition of a 60.7% stake in IDBI Bank, according to the report. The sale would allow Fairfax to comply with regulatory requirements related to the proposed bank acquisition, Bloomberg said.

Blackstone is engaged in discussions with Fairfax and other shareholders to buy the stake in IIFL Finance, but talks are still at a preliminary stage, the report added.

Blackstone said that the report is a market rumor, while Fairfax Financial and IIFL Finance did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.atigrzen.com/news/2665321173"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2665321173\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2665321173?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-08 18:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2665321173","market":"hk","top_or_hot":-1,"title":"Market Chatter: Blackstone Eyes Stake in India's IIFL Finance as Fairfax Financial Looks to Exit","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/BX\">Blackstone</a> (BX) is in talks to acquire a stake in India's IIFL Finance, with Fairfax Financial looking to sell its equity in the company, Bloomberg reported Monday, citing people familiar with the matter.</p><p>Fairfax, which held a 15.2% stake in IIFL Finance as of June 30, is considering selling its entire holding as it moves toward a potential acquisition of a 60.7% stake in IDBI Bank, according to the report. The sale would allow Fairfax to comply with regulatory requirements related to the proposed bank acquisition, Bloomberg said.</p><p>Blackstone is engaged in discussions with Fairfax and other shareholders to buy the stake in IIFL Finance, but talks are still at a preliminary stage, the report added.</p><p>Blackstone said that the report is a market rumor, while Fairfax Financial and IIFL Finance did not immediately respond to MT Newswires' requests for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Blackstone Eyes Stake in India's IIFL Finance as Fairfax Financial Looks to Exit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Blackstone Eyes Stake in India's IIFL Finance as Fairfax Financial Looks to Exit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-08 18:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/BX\">Blackstone</a> (BX) is in talks to acquire a stake in India's IIFL Finance, with Fairfax Financial looking to sell its equity in the company, Bloomberg reported Monday, citing people familiar with the matter.</p><p>Fairfax, which held a 15.2% stake in IIFL Finance as of June 30, is considering selling its entire holding as it moves toward a potential acquisition of a 60.7% stake in IDBI Bank, according to the report. The sale would allow Fairfax to comply with regulatory requirements related to the proposed bank acquisition, Bloomberg said.</p><p>Blackstone is engaged in discussions with Fairfax and other shareholders to buy the stake in IIFL Finance, but talks are still at a preliminary stage, the report added.</p><p>Blackstone said that the report is a market rumor, while Fairfax Financial and IIFL Finance did not immediately respond to MT Newswires' requests for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRVT","symbol_name":"Tema Listed Private Managers ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2665321173","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2665321173","pubTimestamp":1788862213,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Blackstone  is in talks to acquire a stake in India's IIFL Finance, with Fairfax Financial looking to sell its equity in the company, Bloomberg reported Monday, citing people familiar with the matter.Fairfax, which held a 15.2% stake in IIFL Finance as of June 30, is considering selling its entire holding as it moves toward a potential acquisition of a 60.7% stake in IDBI Bank, according to the report. The sale would allow Fairfax to comply with regulatory requirements related to the proposed bank acquisition, Bloomberg said.Blackstone is engaged in discussions with Fairfax and other shareholders to buy the stake in IIFL Finance, but talks are still at a preliminary stage, the report added.Blackstone said that the report is a market rumor, while Fairfax Financial and IIFL Finance did not immediately respond to MT Newswires' requests for comment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PRVT":"Tema Listed Private Managers ETF","BK4588":"碎股","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","AAUM":"Tema Alternative Asset Managers ETF","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4585":"ETF&股票定投概念","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BX":"黑石","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","GPZ":"VanEck Alternative Asset Manager ETF","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","PSP":"全球私募股权ETFETF-PowerShares","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","BK4135":"资产管理与托管银行"},"translate_title":"市场传闻：随着 Fairfax Financial 寻求退出，Blackstone 关注印度 IIFL Finance 的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BX":1,"MNDmain":1.5,"PRVT":0.6,"PSP":0.6,"AAUM":0.6,"GPZ":0.6},"content_text":"Blackstone (BX) is in talks to acquire a stake in India's IIFL Finance, with Fairfax Financial looking to sell its equity in the company, Bloomberg reported Monday, citing people familiar with the matter.Fairfax, which held a 15.2% stake in IIFL Finance as of June 30, is considering selling its entire holding as it moves toward a potential acquisition of a 60.7% stake in IDBI Bank, according to the report. The sale would allow Fairfax to comply with regulatory requirements related to the proposed bank acquisition, Bloomberg said.Blackstone is engaged in discussions with Fairfax and other shareholders to buy the stake in IIFL Finance, but talks are still at a preliminary stage, the report added.Blackstone said that the report is a market rumor, while Fairfax Financial and IIFL Finance did not immediately respond to MT Newswires' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}