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PAG's stake sale in Nuvama may slow down on Jane probe
Financial Express Lucknow
|September 09, 2025
EQUITY FIRM PAG's potential sale of its controlling stake in Nuvama Wealth Management has slowed down amid valuation concerns following an investigation of Jane Street group by Sebi, sources said.
While sale considerations are ongoing, a transaction might be delayed as bidders, including buyout firms and industry players, need more time to evaluate the impact of the Jane Street case on Nuvama, sources said. Nuvama is the domestic trading partner of
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