Japan's Mizuho Securities will acquire a majority stake in India's Avendus
On December 17th, Japan's Mizuho Securities announced that it would acquire over 60% of Indian financial services company Avendus from American investment firm KKR for a maximum price of 81 billion yen (approximately 523 million USD). Mizuho Securities is a subsidiary of Japan's Mizuho Financial Group. After the acquisition is successful, Avendus will become a subsidiary of Mizuho Securities. (Jiemian)
Source: 36Kr The copyright of this article belongs to the original author/organization.
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