Response Received From a Reader / Investor
http://www.livemint.com/Industry/it0nLie0Fvdt7OkZz7o3vI/Catholic-Syrian-BankFairfax-deal-collapses-on-valuation.html
Latest information on valuation of Catholic Syria Bank -- high NPAs; Prem Watsa left the deal because he valued it between Rs 60-100. Even with 15% control premium it should not be more than Rs. 130.
http://www.livemint.com/
Latest information on valuation of Catholic Syria Bank -- high NPAs; Prem Watsa left the deal because he valued it between Rs 60-100. Even with 15% control premium it should not be more than Rs. 130.
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