KB Securities Pursues Acquisition of Top 10 Indonesian Securities Firm
[Asia Economy Reporter Jang Hyowon] KB Securities is pursuing the acquisition of Valbury Securities, one of the top 10 securities firms in Indonesia.
On the 26th, it was reported that KB Securities has completed the acquisition contract and is undergoing approval procedures with local regulatory authorities. The acquisition price is around 50 billion KRW.
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A KB Securities official stated, "We plan to grow it into one of the top 5 securities firms in Indonesia through collaboration with the headquarters."
This content was produced with the assistance of AI translation services.
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