Freedom Holding Corp. Acquires an American Brokerage Firm
Freedom Holding Corp. (FRHC, +30% this year) is going to acquire MKM Partners, a brokerage firm from the U.S. This is the second U.S. company Freedom is going to buy in the country. Under the terms of the agreement, Freedom will acquire all the member interest of MKM Partners for cash and Freedom common stock. Completion of the transaction is subject to certain conditions, including approval of FINRA.