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General Atlantic in talks to buy PAG’s stake in Nuvama Wealth – report
Key takeaways
- General Atlantic in talks to buy PAG’s stake in Nuvama Wealth – report PAG owns slightly more than 54% of Nuvama.
- "It is not clear if both are in agreement on valuations," a banker aware of the conversations told the publication.
- "The deal is stuck at this stage and given Nuvama's recent stock price rally, valuations could be a pain point for the transaction to conclude".
General Atlantic in talks to buy PAG’s stake in Nuvama Wealth – report PAG owns slightly more than 54% of Nuvama. Credit: Credit: abumuhammad051992/ Shutterstock.com. · Private Banker International Vidhya Edwards Munnangi Tue, June 30, 2026 at 6:47 PM GMT+7 2 min read NUVAMA.NS General Atlantic is exploring a purchase of PAG's holding in Nuvama Wealth Management and has already held several rounds of discussions with the Hong Kong-based investor, reported Moneycontrol citing sources.
"It is not clear if both are in agreement on valuations," a banker aware of the conversations told the publication.
"The deal is stuck at this stage and given Nuvama's recent stock price rally, valuations could be a pain point for the transaction to conclude".
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