Mirae Asset Securities has acquired Sharekhan Limited, India’s major brokerage firm, in a $370 million deal to bolster its expansion in the world’s fifth-largest economy. The firm has signed a share purchase agreement with BNP Paribas SA for the acquisition of Sharekhan Limited, according to an announcement made by Mirae Asset Securities on Tuesday. The French banking giant has sold its entire stake in th.
Mirae Asset Securities is moving to expand its advancement into the European financial market after completing the acquisition of GHCO, an exchange-traded fund (ETF) market maker based in London, the Korean brokerage house said Wednesday.