KKR helps Fuji Soft go private under $4 bln management buyout -Nikkei-February 2024-www.financetom.com

KKR helps Fuji Soft go private under $4 bln management buyout -Nikkei

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KKR helps Fuji Soft go private under $4 bln management buyout -Nikkei

Aug 7, 2024 1:29 AM

TOKYO, Aug 7 (Reuters) - U.S. private equity firm KKR&Co ( KKR )

plans to help Japan's Fuji Soft go private

under a management buyout worth about $4.09 billion, the Nikkei

website said on Wednesday.

Fuji Soft is going private to improve capital efficiency

amid ongoing conflicts with its major shareholders, the Nikkei

said.

($1 = 146.6200 yen)

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