PAG to Acquire 51% Stake in India’s Edelweiss Wealth Management for ~USD300m

Source(s): Livemint

Pacific Alliance Group (PAG) has agreed to acquire a 51% stake in India-based Edelweiss Wealth Management, which includes the wealth management, investment banking, and capital market businesses of Edelweiss Global Investment Advisors, for INR22b (approximately USD300m). Read more