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Market Chatter: Mizuho's Move to Buy Majority Stake in Indian Investment Bank Avendus Stalls
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Market Chatter: Mizuho's Move to Buy Majority Stake in Indian Investment Bank Avendus Stalls
Sep 4, 2025 3:56 AM

06:38 AM EDT, 09/04/2025 (MT Newswires) -- Mizuho Financial Group's ( MFG ) attempt to acquire a majority interest in Indian investment bank Avendus Capital is facing obstacles over disagreements on valuation and the right exit option for the business, Bloomberg News reported Thursday, citing people familiar with the matter.

However, considerations are still in progress, with the parties still attempting to strike a deal, the unnamed sources told the news outlet.

Private equity giant KKR (KKR) bought a stake in Avendus in 2015 and made further investment in the business in 2017, Bloomberg reported.

Mizuho, KKR and Avendus didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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