CCI approves acquisition of certain equity share capital of Avendus Capital Pvt Ltd. by Mizuho Securities Co. Ltd. on a fully diluted basis
India, April 27 -- The Competition Commission of India (CCI) has approved the acquisition of certain equity share capital of Avendus Capital Private Ltd. by Mizuho Securities Co. Ltd. on a fully diluted basis.The proposed combination relates to the acquisition of certain equity share capital of Avendus Capital Private Limited (ACPL) by Mizuho Securities Co., Ltd. (Mizuho Securities) on a fully diluted basis.Mizuho Securities belongs to the Mizuho Financial Group, Japan, Mizuho Securities has worldwide presence with 20 offices globally and broadly operates in four business segments, namely: (a) global investment banking business; (b) global markets business; (c) research (in-depth investment information); and (d) retail and business banking....
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