3i To Buy Mizuho Investment Management(UK)

3i Group plc, one of the largest private equity firms in Europe, announced that it has reached an agreement with Mizuho Corporate Bank to acquire Mizuho Investment Management (UK) Limited. Mizuho Investment Management is the leading debt management business in Europe with assets under management of 3.7 billion GBp. The acquisition consideration is 18.3 million GBp.