UBS seeks CCI approval for 4.95% stake acquisition in 360 ONE

UBS AG seeks CCI approval to acquire a 4.95% stake in 360 ONE WAM Ltd. The proposed deal involves transferring Credit Suisse Securities (India)'s wealth management and stock broking businesses to 360 ONE entities. Additionally, UBS Finance India will transfer its loan portfolio to 360 Prime, fostering a collaboration to offer wealth management solutions.