Fairfax raises stake in Quess to 32.35%

Date posted: Tuesday 6 August 2019

Fairfax Financial Holdings Limited (Fairfax) has acquired an additional 2,56,200 shares of Quess Corp Limited (Quess) to enhance its holding in the business service provider to 32.35%. Upon completion of the acquisition of these additional Quess shares and the previously announced spin out of Quess shares by Thomas Cook (India) Limited, the parent of Quess and a subsidiary of Fairfax, to its shareholders, Fairfax will own 32.35% of Quess.

(The Hindu)