Korea's Hanwha Life to acquire 75% of US financial firm Velocity Clearing

Korea's Hanwha Life to acquire 75% of US financial firm Velocity Clearing

Photo: Reuters

Hanwha Life, a life insurer under the South Korean conglomerate Hanwha Group, said it has agreed to acquire a 75% stake in the parent company of US-based financial services firm Velocity Clearing.

Edited by: Pramod Mathew

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