Mizuho acquires Greenhill in $550 million deal to expand US banking presence.
Mizuho Financial Group is set to acquire US M&A advisory firm Greenhill & Co for $550m, including debt, as the Japanese lender seeks a larger share of the world's largest investment-banking fee pool. The deal will help Mizuho expand its foothold in the US banking sector, particularly in M&A advisory and equity underwriting. Greenhill will sit within Mizuho's banking division, with its CEO, Scott Bok, becoming chairman of the M&A and restructuring advisory business.
