Edelweiss Financial shares jump over 1% on plans to sell minority stake in MF arm

November 26, 2024

Edelweiss Financial share price: Edelweiss Financial Services’ shares rose after the company announced plans to sell a minority stake in its mutual fund business. The firm aims to divest 25-35% for a $600 million valuation, seeking a strategic partner. While appointing an advisor, Edelweiss clarified its commitment to enhancing shareholder value through stake sales or listings, echoing previous statements about value unlocking.

More To Explore

FII inflows driven by relative stability, not blind optimism: Saion Mukherjee

The market construct looks quite positive. But I do not think we are out of the woods yet. My concern would be how the economy

April 29, 2025

Ather Energy IPO Day 2: Subscription status, GMP trends, price band to review —Should you apply?

Ather Energy IPO: Retail investors drove demand, subscribing to 94% of their allotted portion, while non-institutional investors (NIIs) subscribed 19%. The Rs 3,000-crore issue is

April 29, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003