PAG Buys $300 Million Majority Stake in Edelweiss Wealth Unit
Rashesh Shah, chairman and chief executive officer of Edelweiss Group. (Photographer: Anindito Mukherjee/Bloomberg)

PAG Buys $300 Million Majority Stake in Edelweiss Wealth Unit

(Bloomberg) -- Hong Kong-based private equity firm PAG will buy a 51% stake in the wealth management business of India’s Edelweiss Financial Services Ltd. for $300 million, the Mumbai-based company...
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