Fairfax may sell 25 percent of India's ICICI Lombard in up to $1 billion deal: sources
January 20, 2017 at 06:44 AM EST
MUMBAI (Reuters) - Fairfax Financial Holdings is in early talks to sell 25 percent of India's largest private general insurer ICICI Lombard in a deal that could fetch up to $1 billion, as the Canadian firm looks to cash out and start a new insurance joint venture, sources familiar with the matter said.