South Korea’s Hanwha Life to acquire majority stake in US-based Velocity Clearing
Reinsurance News - Nov 22, 2024
Hanwha Life, a South Korean life insurance company, has agreed to acquire a 75% stake in the parent of Velocity Clearing, an US-based global financial services firm. The Velocity Clearing management team will retain the remaining minority stake in the company. With this acquisition, Hanwha Life will...
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