Mirae Asset Group completed the acquisition of Sharekhan from BNP Paribas for $370m.

Mirae Asset Group, an investment banking and stock brokerage company, completed the acquisition of Sharekhan, an Indian retail brokerage full-service brokerage firm, from BNP Paribas, a French multinational universal bank and financial services holding company, for $370m. "With the acquisition of Sharekhan, Mirae Asset Securities has seized the opportunity to predominate the brokerage business in India, which will show long-term growth. We plan to create synergy with Mirae Asset Global Investments, the only foreign asset manager in India,” Mirae Asset Group.