Japan's Mizuho to buy Indian investment bank Avendus Capital

Financial group to use deal as steppingstone for overseas growth

20250611N Mizuho India

The acquisition would be the first full-scale move into Indian investment banking by a Japanese bank. (Source photos by Nikkei and Reuters)

YUKI SEKIGUCHI

TOKYO -- Japan's Mizuho Financial Group plans to acquire major Indian investment bank Avendus Capital, looking to establish a foothold in the country's growing capital market and expand its overseas investment banking business.

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