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business mizuho to acquire avendus from kkr at 700 million valuation

Mizuho To Acquire Avendus From Kkr At $700 Million Valuation

23hrs 19mins   👁 5

Mizuho Financial Group is set to acquire KKR-backed Avendus Capital for $700 mn, marking Mizuho's largest investment in India. The deal involves KKR's exit and will give Mizuho up to 70% ownership. Avendus founders, excluding Ranu Vohra, will remain invested and manage the company, continuing its operations across financial services in India, the US, and Singapore.

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