
UBS seeks CCI approval for 4.95% stake acquisition in 360 ONE
UBS AG, the multinational investment bank, has approached the Competition Commission of India (CCI) seeking approval to acquire a 4.95 per cent stake in domestic wealth management firm 360 ONE WAM Ltd (360 ONE).In a notice filed with CCI on May 22, UBS outlined that 360 ONE WAM will issue 2,05,02,939 subscription warrants on a…