CCI Approves Mizuho's Avendus Capital Equity Acquisition

CCI approved Mizuho Securities' acquisition of equity share capital in Avendus Capital Private Ltd on a fully diluted basis.
Mizuho Securities is a global investment bank belonging to Japan's Mizuho Financial Group with SEBI-registered Indian subsidiary.
Avendus Capital is a SEBI-registered merchant banker operating in India and three other countries across six key sectors.
The approval allows Mizuho to acquire certain equity in Avendus, which provides M&A advisory and private equity syndication services.