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Edelweiss Financial up 3% as PAG picks 51% stake in Edelweiss Wealth

The deal values EWM at around Rs 4,300 crore and "unlocks value" for shareholders, the company said

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Markets | Buzzing stocks | Edelweiss Financial

SI Reporter  |  New Delhi 



edelweiss financial services

Shares of Services rose as much as 3.16 per cent to Rs 86.50 on the BSE on Friday after Hong-Kong based private equity group PAG picked up 51 per cent stake in Edelweiss Wealth Management (EWM) for Rs 2,200 crore.

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First Published: Fri, August 28 2020. 10:19 IST

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