Grapevine: Nomura joins race for Avendus; Adani Wilmar owners to pare stake
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Grapevine: Nomura joins race for Avendus; Adani Wilmar owners to pare stake

By Sreeja Biswas

  • 17 Sep 2024
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Grapevine: Nomura joins race for Avendus; Adani Wilmar owners to pare stake
Credit: Thinkstock

Nomura, Japan's largest investment bank, has entered the race to acquire Indian investment bank Avendus, shifting from its role as an advisor to a potential bidder, a media report said.       The sale has drawn interest from Japan’s Mizuho and the US buyout firm Carlyle. KKR, which holds a 63% stake, is seeking a valuation of Rs ......

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