UBS acquires 4.8% stake in India's 360 ONE WAM after warrant conversion

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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

By Reuters

Updated - October 22, 2026 at 12:20 PM.

Swiss banking ​giant UBS ‌said on Thursday it ​had ⁠bought an approximately 4.8 per cent stake ‌in India's 360 ONE ‌WAM ‌after ⁠converting warrants ⁠into shares, marking another step in ​the ‌companies' strategic wealth management partnership.

UBS said it had ‌exercised all ​20.5 million warrants ⁠allotted to it in July ‌2025, paying the remaining 75 per cent of the exercise price ‌to acquire an ​equivalent number of shares ⁠in the Mumbai-based ⁠wealth manager.

Published on October 22, 2026

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