SEOUL, Oct. 29 (Yonhap) -- Mirae Asset Securities Co., a major South Korean securities firm, said Thursday it will acquire the Japanese brokerage Sanko Securities Co.

In a regulatory filing, Mirae Asset said its board has approved a plan to buy a 100-percent stake in Sanko Securities.

The stake will be purchased by the company's U.S. affiliate, Mirae Asset Securities Holdings, according to the filing.

The headquarters of Mirae Asset Securities Co. is seen in this photo released by the brokerage. (PHOTO NOT FOR SALE) (Yonhap)

The headquarters of Mirae Asset Securities Co. is seen in this photo released by the brokerage. (PHOTO NOT FOR SALE) (Yonhap)


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Source: Yonhap News ยท Deok-Hyun Kim

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