Acquisition History / 360 ONE WAM / Batlivala & Karani Securities (B&K Securities)
360 ONE WAM Acquires Batlivala & Karani Securities (B&K Securities)
Announced January 27, 2025 — $212.9M
What happened
360 ONE WAM signed a definitive agreement to acquire Batlivala & Karani Securities India and Batlivala & Karani Finserv for Rs 1,884 crore, inclusive of Rs 200 crore of cash on the balance sheet. The consideration is part cash (Rs 611 crore) and part stock, with 10 million 360 ONE shares issued at Rs 1,174.13 each. B&K is an institutional equities and research house.
- Acquirer
- 360 ONE WAM
- Target
- Batlivala & Karani Securities (B&K Securities)
- Announced
- January 27, 2025
- Price
- $212.9M
- Industry
- Institutional broking and research
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did 360 ONE WAM acquire Batlivala & Karani Securities (B&K Securities)?
360 ONE WAM acquired Batlivala & Karani Securities (B&K Securities) on January 27, 2025. This was 360 ONE WAM's 1st publicly tracked acquisition out of 1 we have on record.
How much did 360 ONE WAM pay for Batlivala & Karani Securities (B&K Securities)?
360 ONE WAM paid $212.9M for Batlivala & Karani Securities (B&K Securities).
What does Batlivala & Karani Securities (B&K Securities) do?
360 ONE WAM signed a definitive agreement to acquire Batlivala & Karani Securities India and Batlivala & Karani Finserv for Rs 1,884 crore, inclusive of Rs 200 crore of cash on the balance sheet. The consideration is part cash (Rs 611 crore) and part stock, with 10 million 360 ONE shares issued at Rs 1,174.13 each. B&K is an institutional equities and research house.
What other Institutional broking and research companies has 360 ONE WAM acquired?
Batlivala & Karani Securities (B&K Securities) is 360 ONE WAM's only publicly tracked acquisition in Institutional broking and research so far.