financetom
Business
financetom
/
Business
/
KKR raises tender offer price for Fuji Soft acquisition
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KKR raises tender offer price for Fuji Soft acquisition
Nov 15, 2024 12:21 PM

TOKYO (Reuters) - Private equity firm KKR has raised its tender offer price for the acquisition of Japanese software developer Fuji Soft to 9,451 yen ($60.86) a share from 8,800 yen previously, the Japanese company said on Friday.

Fuji Soft said its board decided at a meeting on Friday to support KKR's tender offer and oppose rival U.S. Bain Capital's proposal.

KKR's proposal exceeds the 9,450 yen offered by Bain Capital.

($1 = 155.2900 yen)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
NV5 Global Awarded $10 Million From US Geological Survey for Geospatial Projects
NV5 Global Awarded $10 Million From US Geological Survey for Geospatial Projects
Jul 18, 2024
09:15 AM EDT, 07/18/2024 (MT Newswires) -- NV5 Global ( NVEE ) said Thursday that it has been awarded $10 million from the US Geological Survey to provide geospatial services for resource management. The award includes a $3 million contract in Western Texas for analyzing current mineral deposits and looking for new occurrences, a $6 million contract in Alaska for...
Amazon Prime Day boosts US online sales to $14.2 bln, Adobe says
Amazon Prime Day boosts US online sales to $14.2 bln, Adobe says
Jul 18, 2024
July 18 (Reuters) - Shoppers spent about $14.2 billion online across retailers in the United States during the 48-hour Amazon Prime Day event, according to a report from Adobe Analytics on Thursday. The Amazon ( AMZN ) sales event in July has also got retailers such as Walmart ( WMT ) and Target ( TGT ) launching deals to attract...
BRIEF-Hollysys Announces Expected Completion Date of Merger Transaction with Ascendent Capital Partners
BRIEF-Hollysys Announces Expected Completion Date of Merger Transaction with Ascendent Capital Partners
Jul 18, 2024
July 18 (Reuters) - Hollysys Automation Technologies Ltd : * HOLLYSYS ANNOUNCES EXPECTED COMPLETION DATE OF MERGER TRANSACTION WITH ASCENDENT CAPITAL PARTNERS * HOLLYSYS AUTOMATION TECHNOLOGIES LTD - EXPECTS MERGER COMPLETION BY JULY 25, 2024 Source text for Eikon: Further company coverage: ...
CommScope to sell wireless network and antenna system to Amphenol for $2.1 bln
CommScope to sell wireless network and antenna system to Amphenol for $2.1 bln
Jul 18, 2024
July 18 (Reuters) - CommScope ( COMM ) said on Thursday it was selling its outdoor wireless network segment and its distributed antenna systems business to Amphenol ( APH ) for $2.1 billion in cash. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved