Fuji Soft says KKR to launch tender offer as part of $3.8 bln MBO-February 2024-www.financetom.com

Fuji Soft says KKR to launch tender offer as part of $3.8 bln MBO

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Fuji Soft says KKR to launch tender offer as part of $3.8 bln MBO

Aug 8, 2024 1:56 AM

TOKYO, Aug 8 (Reuters) - U.S. buyout firm KKR

will launch a tender offer for Japan's Fuji Soft, as

part of a 558.4 billion yen ($3.8 billion) management buyout to

take the software developer private, Fuji Soft said on Thursday.

KKR will offer 8,800 yen for shares in Fuji Soft, it said,

adding it would be delisted if the buyout is successful.

($1 = 145.7900 yen)

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