Mirae Asset Securities completed selecting its advisors for acquiring KDB Investment & Securities.
Mirae Asset said on Friday, "We hired Youlchon as a legal advisor and Deloitte Anjin as an accounting firm for the acquisition of KDB Investment & Securities."
Early this month, Mirae announced its plan for paid-in capital increase worth 1.2 trillion won for the deal. The paid-in capital increase is set to be fixed at the end of this month. KDB Investment & Securities is set to have preliminary bidding on Nov.2 to sell off Daewoo Investment & Securities.
Earlier, KB Financial Group also hired Morgan Stanley and KPMG International for the takeover of Daewoo Investment & Securities.
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