Oct 30 (Reuters) - ICICI Bank Ltd ICBK.NS :
* Board approves sale of 9.0% stake in ICICI Lombard General Insurance Company
to Fairfax Financial Holdings
* The proposed transaction values ICICI Lombard General Insurance at US$ 2.6
billion
* Upon completion of the transaction, the share ownership in ICICI Lombard of
co and Fairfax will be approximately 64% and 35%