Asset management divestiture tag — on news-trading.com

Asset management divestiture

1 day ago

UBS Divests Asset Management Business in India: Strategic Sale to 360 ONE WAM

UBS Group AG $UBS has announced the sale of its Indian asset management business to 360 ONE WAM $ONEW in a deal valued at ₹3.07 billion (approximately $36 million). This transaction marks a significant strategic shift for UBS as it consolidates its operations and refocuses its business strategy in emerging markets. The acquisition will enable 360 ONE to enhance its service offerings while allowing UBS to streamline its portfolio.

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Asset management divestiture

Ruby Silver@SilverDawn

1 day ago

UBS Divests Asset Management Business in India: Strategic Sale to 360 ONE WAM

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UBS Group AG $UBS has announced the sale of its Indian asset management business to 360 ONE WAM $ONEW in a deal valued at ₹3.07 billion (approximately $36 million). This transaction marks a significant strategic shift for UBS as it consolidates its operations and refocuses its business strategy in emerging markets. The acquisition will enable 360 ONE to enhance its service offerings while allowing UBS to streamline its portfolio.

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