Bain to raise offer for Fuji Soft to 9,600 yen a share, above KKR's bid, Nikkei says-February 2024-www.financetom.com

Bain to raise offer for Fuji Soft to 9,600 yen a share, above KKR's bid, Nikkei says

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Bain to raise offer for Fuji Soft to 9,600 yen a share, above KKR's bid, Nikkei says

Dec 10, 2024 9:32 PM

TOKYO, Dec 11 (Reuters) - U.S. private equity firm Bain

Capital is set to raise its offer price for Fuji Soft

to 9,600 yen ($63.35) from 9,450 yen to counter KKR's

tender offer bid, the Nikkei business daily reported on

Wednesday.

Last month, KKR had increasedits tender offer price for the

Japanese IT firm to 9,451 yen, from the original 8,800 yen.

($1 = 151.5400 yen)

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