Mergers & Acquisitions Mergers & Acquisitions

South Korea's Mirae Asset Securities seeks Indian clearance to acquire BNP Paribas's local brokerage

By Freny Patel
  • 30 Jan 2024 22:52
  • 30 Jan 2024 22:52
South Korea’s largest securities company, Mirae Asset Securities, has sought approval from the Indian competition watchdog to acquire the domestic retail brokerage company Sharekhan from the French bank BNP Paribas.
The proposed acquisition is designed to beef up the South Korean company's broking presence in the Indian market by acquiring

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Freny Patel

Correspondent


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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