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Mizuho Acquires 78% Stake in Avendus for $516 Million

12/18/2025

49 4 Full Breakdown

Summary

Story summary

Mizuho Financial Group will acquire a 78.3% stake in Avendus Capital for 47 billion rupees ($516 million), its largest investment in India.
The deal includes purchasing 61.6% from a major shareholder and requires approvals from stakeholders.
Avendus, founded in 1999, specializes in investment banking and asset management.
The partnership aims to enhance Avendus' international capabilities while preserving its brand.

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Story summary

Mizuho Financial Group will acquire a 78.3% stake in Avendus Capital for 47 billion rupees ($516 million), its largest investment in India.
The deal includes purchasing 61.6% from a major shareholder and requires approvals from stakeholders.
Avendus, founded in 1999, specializes in investment banking and asset management.
The partnership aims to enhance Avendus' international capabilities while preserving its brand.