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UBS Acquires 4.8% Stake in Leading India Wealth Manager 360 One

Bloomberg Markets Thursday 22 October 2026, 09:55 UTC By Advait Palepu 1 min read
Key Points

Banking UBS Acquires 4.8% Stake in Leading India Wealth Manager 360 One UBS Group AG has acquired a 4.8% equity stake in 360 One WAM Ltd. by converting warrants, more than a year after the Swiss bank sold its wealth business to the Indian money manager. UBS has exercised over 20.5 million warrants it was allotted by Mumbai-based 360 One as part of the deal, according to its statement Thursday. The bank paid 25% of the exercise price at the time of allotment and has now remitted the remaining...

Banking UBS Acquires 4.8% Stake in Leading India Wealth Manager 360 One UBS Group AG has acquired a 4.8% equity stake in 360 One WAM Ltd. by converting warrants, more than a year after the Swiss bank sold its wealth business to the Indian money manager. UBS has exercised over 20.5 million warrants it was allotted by Mumbai-based 360 One as part of the deal, according to its statement Thursday. The bank paid 25% of the exercise price at the time of allotment and has now remitted the remaining 75%.
UBS Acquires (ORG) Leading India (ORG) UBS Group AG (ORG) WAM Ltd. (ORG) Swiss (ORG) Indian (ORG) UBS (ORG) Mumbai (LOCATION)
Originally published by Bloomberg Markets Read original →

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