The board of Avendus is meeting this week to formally approve the sale, ending months of protracted negotiations with several twists and turns, after differences among various shareholders over valuation and rights delayed the process. A formal announcement is expected in the middle of this week.The transaction will include Once completed, the transaction is likely to see the Japanese mega bank owning 65-70% of the investment bank. Local private equity firm Gaja Capital is unlikely to exit its 7% sharehold ...