UBS GROUP AG Zurich, October 30, 2023 - UBS Asset Management has completed the sale of its 51% stake in UBS Hana Asset Management Company Ltd to Hana Securities, following the exercise of their buyout option. The transaction has received all necessary local regulatory and other approvals and Hana Securities now owns 100% of the business.
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UBS Group AG published this content on 30 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2023 00:02:42 UTC.
