360 ONE WAM to acquire brokerage firm B&K Securities in a cash-and-stock deal

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The acquisition will be partly funded by a cash consideration of ₹600.11 crore, subject to adjustments agreed upon by both parties. In addition, 360 ONE WAM will issue 1 crore fully paid-up equity shares at a price of ₹1,174.13 per share, for consideration other than cash. If paid completely, the total value for the transaction would amount to approximately ₹1,774.24 crore.

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