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SUMMARY
Japan’s Mizuho Securities is acquiring a majority stake of about 60% in Avendus Capital from US-based investment firm KKR for $523 Mn (about INR 4,720 Cr)
Avendus cofounder and executive vice chairman Ranu Vohra will also divest his shareholding
Post the deal, Avendus Capital will become a subsidiary of Mizuho Securities, while retaining its brand and identity
Japan’s Mizuho Securities is acquiring a majority stake of about 60% in Avendus Capital from US-based…
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