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UBS Acquires 4.8% Stake in Leading India Wealth Manager 360 One
Source: Bloomberg
M&A & RestructuringBanking & LiquidityCompany Fundamentals
UBS Group AG acquired a 4.8% equity stake in Indian money manager 360 One WAM Ltd. by converting warrants. The transaction comes more than a year after UBS sold its wealth business to 360 One; no financial terms or market reaction were reported.
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