Nuvama Buyout Talks Surge, Shares Rise 3.25%

  Published 11 months ago

Nuvama Wealth Management shares rose 3.25% as CVC, Permira, EQT, and HSBC vie for a $1.6B buyout stake amid ongoing due diligence.

  • Nuvama shares up 3.25% as CVC, Permira, EQT, and PAG vie for $1.6B buyout stake.
  • HSBC joins talks; four bidders shortlisted, due diligence ongoing till July.
  • Jane Street ban hit NUVA 11% Friday; YTD gains 7.3% despite hurdles.

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