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Acquirer(s)
Mizuho Securities Co., Ltd. No. 94
Target(s) or Vendor(s)
Redpoint Investments Pte Ltd 201536795E, Avendus Capital Private Limited CIN U99999MH1999PTC123358
Other parties
Spark Institutional Equities Private Limited CIN U65999TN2022PTC149473
Mizuho Securities Co. Ltd, a Japanese financial services company with Australian operations, proposes to acquire a 61.60% to 78.30% interest in Avendus Capital Private Limited. Avendus is an Indian investment bank with limited Australian research and stockbroking services. This share acquisition is in the financial services sector.
Mizuho Securities Co. Ltd ( Mizuho ) proposes to acquire an interest of between 61.60% and 78.30% in Avendus Capital Private Limited ( Avendus ) (the Acquisition ). Mizuho is a subsidiary of Mizuho Financial Group, a full service Japanese financial services company. Mizuho through its connected entities, supplies financial services within Australia, including business banking, financial advisory and auto finance and car leasing. Avendus is an Indian investment bank and financial services firm that provides bespoke solutions in the areas of investment banking, institutional equities, wealth management, asset management and credit solutions. Founded in 1999, Avendus operates in India, the United States, Singapore and United Kingdom through its subsidiaries. It is a Securities and Exchange Board of India registered merchant banker. Avendus has limited operations in Australia, supplying some research analyst and stock broking services via its wholly owned subsidiary, Spark Institutional Equities Private Limited.