From Financialexpress · FE Bureau · · 50s
UBS Buys 4.8% Stake in 360 ONE
UBS completes 4.8% stake acquisition in 360 ONE WAM for Rs 2,112 crore.
In brief
UBS completes 4.8% stake acquisition in 360 ONE WAM for Rs 2,112 crore. UBS AG acquired 4.8% stake in 360 ONE WAM by converting warrants into equity shares for Rs 2,111.80 crore. Originally reported by Financialexpress.
UBS Acquires 4.8% Stake
Swiss banking giant UBS AG finalized strategic equity partnership by converting 20.50 million warrants into equity shares worth Rs 2,111.80 crore.
Conversion Details
UBS paid 75% of exercise price after subscribing to warrants in July 2025, completing conversion of warrants into equity shares.
Share Capital Impact
360 ONE WAM’s issued, subscribed and paid-up equity share capital increased from Rs 40.79 crore to Rs 42.84 crore.
Strategic Collaboration
360 ONE WAM outlined three inter-related components of strategic collaboration with UBS including business collaboration, equity investment, and integration of wealth management businesses.
The big picture
UBS AG acquired 4.8% stake in 360 ONE WAM by converting warrants into equity shares for Rs 2,111.80 crore.
