PAG to pick 51% stake in Edelweiss Wealth Management for $297m

PAG to pick 51% stake in Edelweiss Wealth Management for $297m

Photo: Ramesh Pathania/Mint

Private equity investor PAG will make a 2,200 crore investment in Edelweiss Wealth Management (EWM) to pick up a 51% stake in the wealth management business of Edelweiss Group, the company said in a statement on Thursday.

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