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EQT, CVC Capital in talks to acquire PAG’s Nuvama stake worth over Rs 18,000 crore

in5points
EQT and CVC Capital are in talks to acquire PAG's stake in Nuvama.
The deal value is estimated at over Rs 18,000 crore.
PAG invested about $325 million to buy control of Nuvama from Edelweiss Group in March 2021.