CCI Approves Stake Acquisition in Avendus Capital by Mizuho Securities

The Competition Commission of India (CCI) has approved the acquisition of certain equity share capital of Avendus Capital Private Limited (ACPL) by Mizuho Securities Co. Ltd. on a fully diluted basis. 

The proposed transaction involves Mizuho Securities acquiring a portion of ACPL’s equity share capital, expanding its presence in the financial services sector. 

About Mizuho Securities 

Mizuho Securities is part of the Mizuho Financial Group and operates globally through 20 offices. Its business activities are divided into four segments: 

• Global investment banking
• Global markets
• Research services
• Retail and business banking 

In India, it operates through Mizuho Securities India Private Limited, incorporated in 2010 and registered with the Securities and Exchange Board of India (SEBI) as a merchant banker. 

About Avendus Capital 

Avendus Capital Private Limited is also registered with SEBI as a merchant banker. The company operates across India, Singapore, the United States, and the United Kingdom through its subsidiaries. 

In India, ACPL provides services including: 

• Mergers and acquisitions advisory
• Private equity syndication
• Equity capital market solutions 

These services are offered across sectors such as digital technology and consumer, enterprise technology and services, financial institutions, healthcare, industrials, and infrastructure.