CCI OKs acquisition of equity stake in Avendus Capital by Mizuho Securities
This story was originally published at 19:34 IST on 28 April 2026
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--CCI OKs Mizuho Securities stake buy in Avendus Cap on fully diluted basis
MUMBAI – The Competition Commission of India has approved the acquisition of equity stake in Avendus Capital Pvt. Ltd. by Mizuho Securities Co. Ltd. on a fully diluted basis, the regulator said on its social media platform X.
In December, Avendus announced that Redpoint Investments Pte Ltd., an affiliate of KKR, would sell its stake in the investment bank to Mizuho Securities. Mizuho Securities, a subsidiary of Japan's Mizuho Financial Group, Inc., had entered into an agreement to acquire more than 60% of Avendus' shares. End
Reported by Shumaila Firoz
Edited by Saji George Titus
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