Permira, CVC Capital, EQT eye $1.6 billion buyout of Nuvama Wealth from PAG



Global private equity firms Permira, CVC Capital Partners, and EQT are in advanced talks to acquire a controlling stake in Nuvama Wealth Management Ltd (formerly Edelweiss Wealth) from PAG. The potential deal could value the wealth management platform at around $1.6 billion, according to people familiar with the matter.

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