MoneyWorks4Me

Edelweiss Financial Services in talks with strategic investors to offload stake in wealth biz

18 Jul 2019 Evaluate

Edelweiss Financial Services is in discussions with a few strategic investors to offload part of its stake in its wealth business. The company, however, did not share any details about the said investors or the quantum of stake it intends to divest.

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.

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