The CCI has approved 360 ONE group's acquisition of specific UBS AG businesses, including portfolio management, stock broking, and financial product distribution. Additionally, it clears UBS AG's subscription to 360 ONE WAM warrants, representing a 4.95% stake. This collaboration allows UBS to transfer its onshore wealth management business in India to 360 ONE.
from Banking/Finance-Industry-Economic Times https://ift.tt/Vwg8zJO
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