Mirae Asset and Global X ETFs completed the acquisition of ETF Securities.

Mirae Asset, a financial services group, and Global X ETFs, a provider of exchange-traded funds, completed the acquisition of ETF Securities, an Australia’s pioneering independent ETF provider. Financial terms were not disclosed. “We are incredibly excited to enter the Australian market and to meaningfully expand our global ETF footprint through the acquisition of ETF Securities’ inventive business. This acquisition underscores Mirae Asset’s continued commitment to maintaining industry-leading ETF businesses in key markets around the world and brings immediate scale to our operations in Australia," Byungsung Lee, Mirae Asset CEO.