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UBS Acquires 4.8% Stake in 360 ONE WAM

UBS acquired the stake through conversion of warrants, according to 360 ONE WAM.

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New Delhi, Oct. 23 -- 360 ONE WAM, one of India's largest independent wealth and asset management firms, announced on Thursday that Swiss banking major UBS had acquired a 4.8% stake in the company through the conversion of warrants.UBS AG had subscribed to 20,502,939 warrants on a preferential basi…