Fairfax may sell 25 pct of India’s ICICI Lombard in up to $1 bln deal-sources

MUMBAI, Jan 20 (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.

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