Finance
Mirae Asset Securities to buy Japan\'s Sanko Securities via U.S. unit
Mirae Asset Securities will acquire Japan\'s Sanko Securities and move to expand its local business. The company will buy 100% of Sanko Securities\' shares through its U.S. subsidiary, Mirae Asset Security Holdings. Mirae Asset Securities said it approved the acquisition and a capital contribution at a board meeting on Oct. 29. The acquisition is valued at about 47.6 billion won at current levels, with the final price to be fixed at closing after approvals.
