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Fairfax India Holdings Corporation

09:53 AM EST - Fairfax India Holdings Corporation : Announced that, through its wholly-owned subsidiaries, it has agreed to invest $300 million into the Sanmar Chemicals Group, through a combination of equity and fixed income securities. As a result of this investment, Fairfax India will acquire a 30% equity ownership in Sanmar and also generate a fixed return on its investment. All amounts in U.S. dollars. Fairfax India Holdings Corporation shares T.FIH.U are trading up $0.03 at $17.54.