💰 HSBC Joins PEs in Race For Nuvama Wealth
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the business after a years gap. Non-binding bids also in from 6 funds for 54% worth $1.8 billion. Two more strategics expected to join.
Key points
- Asia-Pacific-focused private equity firm PAG, current owners of the listed financial services company, has revived attempts to sell the business after a years gap.
- Non-binding bids also in from 6 funds for 54% worth $1.
- Two more strategics expected to join.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
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- #hsbc
- #joins