Japan's Mizuho close to buying investment bank Avendus |...

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Japan's Mizuho close to buying investment bank Avendus

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Mizuho Financial Group is nearing a deal to acquire a majority stake in Avendus Capital, valuing the Indian investment bank at approximately $800 million. The Japanese lender aims to purchase KKR's 63% stake and potentially acquire additional shares from minority investors, increasing its ownership to around 70%.

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