NEW YORK (
) -- Hanwha Securities has agreed to acquire two South Korean units of
The reported cost of the acquisition will be about $433.3 million.
reported that Hanwha Securities has signed a memorandum of understanding to purchase Prudential's units. Details about the terms of the contract were not released.
was also reportedly interested in buying the South Korean units, while
pulled out of the bid,
-- Reported by Andrea Tse in New York
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