UBS sells 51% stake in UBS Hana Asset Administration to Hana Securities

UBS right this moment introduced that UBS Asset Administration has accomplished the sale of its 51% stake in UBS Hana Asset Administration Firm Ltd to Hana Securities.

The completion of the transaction follows the train of their buyout possibility.

The transaction has obtained all crucial native regulatory and different approvals and Hana Securities now owns 100% of the enterprise.

Hana Securities is a part of Seoul-based Hana Monetary Group.



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