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360 ONE WAM LIMITED Secures Regulatory Approval for Strategic Acquisition

Story Highlights
  • 360 ONE WAM LIMITED received approval for acquiring UBS AG’s India Wealth Business.
  • The acquisition enhances 360 ONE WAM LIMITED’s market position in wealth management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
360 ONE WAM LIMITED Secures Regulatory Approval for Strategic Acquisition

Elevate Your Investing Strategy:

The latest update is out from 360 One Wam Limited ( (IN:360ONE) ).

360 ONE WAM LIMITED has announced the receipt of necessary regulatory approval under the Competition Act, 2002, for its planned acquisition of the India Wealth Business from affiliates of UBS AG. This approval allows the company and its subsidiaries to proceed with the consummation of the transaction, which involves multiple agreements with UBS AG and Credit Suisse Securities. The acquisition is expected to enhance 360 ONE WAM LIMITED’s market positioning in the wealth management sector, potentially benefiting stakeholders by expanding its service offerings and client base.

More about 360 One Wam Limited

360 ONE WAM LIMITED operates in the financial services industry, focusing on wealth management and investment solutions. The company offers a range of financial products and services aimed at managing and growing wealth for its clients, with a market focus on high-net-worth individuals and institutional investors.

Average Trading Volume: 107,621

Current Market Cap: 505B INR

For detailed information about 360ONE stock, go to TipRanks’ Stock Analysis page.

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