07:26 AM EST, 11/15/2024 (MT Newswires) -- KKR (KKR) has increased its takeover offer for Japan's Fuji Soft to 9,451 Japanese yen ($60.84), up from its original offer of 8,800 yen, the software company said Friday.

A committee evaluating separate proposals from KKR and Bain Capital "recommends that the board of directors express an opinion in support of the KKR second tender offer," which "will contribute to increasing the company's corporate value," according to a Google translation of a regulatory filing by Fujisoft.