UBS Acquires 4.8% Stake In Indian Wealth And Asset Management Firm 360 One Via Warrant Exercise
UBS AG announces today the exercise of all warrants allotted, resulting in the allotment of 20,502,939 equity shares representing approximately 4.8% equity stake in 360 ONE WAM Ltd ("360 ONE"), one of
UBS bought a bigger piece of an Indian money management company called 360 One. When a big bank invests in a company, it usually means they think that company is doing well and has a good future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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