UBS acquires 4.8% stake in India's 360 ONE WAM after warrant conversion
UBS boosted its stake in India’s 360 ONE WAM by about 4.8% after converting warrants and paying the exercise price, expanding its wealth management tie-up
Swiss bank UBS has increased its stake in India's 360 ONE WAM by acquiring an estimated 4.8% share after converting warrants into company shares, as part of a growing strategic wealth management collaboration. The acquisition involved exercising all 20.5 million warrants granted to UBS in July 2025, with the remaining 75% of the exercise price paid to obtain the corresponding number of shares in the Mumbai-based wealth management firm.
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- 360 ONE allots 4.8% stake to UBS AG following warrant exercise thehindubusinessline.com
