06:33 AM EST, 02/10/2025 (MT Newswires) -- Mizuho Financial Group Inc ( MFG ) is close to acquiring a 63% stake in Indian investment bank Avendus Capital from KKR, Bloomberg News reported Monday citing people familiar with the matter.

The companies are still discussing the details of a potential transaction that may take place in the next few weeks. However, the sources said the talks could still fall apart.

The deal may value Avendus at about $800 million, the sources told Bloomberg.

Mizuho and Avendus did not immediately respond to MT Newswires' request for comment on the matter, and KKR declined to comment.

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