Tag Archives: PAG Invests Rs 2

PAG Invests Rs 2,366 Crore in Edelweiss Wealth to Acquire Controlling Stake

According to a regulatory filing, PAG, better known as Pacific Alliance Group, has invested Rs 2,366 crore in Edelweiss Wealth Management to acquire a majority stake in the business. For the nine months ending December 31, 2020, Edelweiss Wealth Management announced revenues of Rs 800 crore and profit after tax of Rs 180 crore. In […]