{
  "id": 16010858,
  "title": "UBS acquires 4.8% stake in India's 360 ONE WAM after warrant conversion",
  "url": "https://urgent.news/2026/10/22/ubs-acquires-4-8-stake-in-indias-360-one-wam-after-warrant-conversion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T06:50:19.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/money-and-banking/ubs-acquires-48-stake-in-indias-360-one-wam-after-warrant-conversion/article71610410.ece"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "360 ONE allots 4.8% stake to UBS AG following warrant exercise",
        "url": "https://urgent.news/2026/10/22/360-one-allots-4-8-stake-to-ubs-ag-following-warrant-exercise",
        "published": "2026-10-22T08:25:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}