• Mizuho Financial Group is set to acquire Avendus Capital for approximately $651 million, with Avendus' board expected to approve the deal this week. This transaction will result in KKR exiting its 58% stake, while Mizuho will hold a majority stake of 65-70% in Avendus.
• Reliance Consumer Products is in advanced discussions to acquire a majority stake in Udhaiyams Agro Foods, a manufacturer of food staples and snacks. The deal size is anticipated to be mid-sized, consistent with Reliance's recent acquisitions in the consumer goods sector.
• Digital insurer Acko, backed by General Atlantic and Multiples, is preparing for an Initial Public Offer (IPO) to raise between $300-400 million. The company is in early discussions with investment bankers, with a target listing in the 2026-27 fiscal year.
• Japan's Mitsubishi UFJ Financial Group is in final negotiations to purchase a 20% stake in Shriram Finance for over $3.22 billion. This acquisition is expected to be announced this week, and the final price may fluctuate based on Shriram Finance's stock performance.

Nitesh Kumar

Mizuho Financial Group is set to acquire Avendus Capital, while Reliance Consumer Products is in advanced talks to pick .........

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