Mizuho Financial Group Inc. is forging further into US investment banking through a deal to buy Greenhill & Co. as it seeks to accelerate growth.
The Japanese banking giant agreed to buy Greenhill for $15 a share in an all-cash transaction, which values the firm at $550 million including debt, the firms said Monday in a statement. The lender will retain Greenhill’s leaders, including Chief Executive Officer Scott Bok, who will be chairman of mergers, acquisitions and restructuring.
