Mirae Asset Group Archives | Be Korea-savvy
Four Entities Bid for Daewoo Securities

Four Entities Bid for Daewoo Securities

SEOUL, Nov. 2 (Korea Bizwire) – Four financial entities offered preliminary bids Monday to buy Daewoo Securities Co., in a deal that could come as a game changer for the local brokerage industry, the state-run Korea Development Bank (KDB) said. The prospective buyers are KB Financial Group Inc., the largest banking giant by assets; the [...]

Competition Heats Up for Industry Titan KDB Daewoo Securities

Competition Heats Up for Industry Titan KDB Daewoo Securities

SEOUL, Oct. 8 (Korea Bizwire) — South Korean securities companies are waging a fierce competition to take over KDB Daewoo Securities Co., one of the nation’s leading brokerages, in a deal that could come as a game changer for the industry. The Korea Development Bank (KDB), a state-run policy lender, is seeking to sell off [...]