05:38 AM EST, 11/08/2024 (MT Newswires) -- KKR & Co ( KKR ) said late Thursday that FK Co. Ltd., an entity owned by its investment funds, has completed its first planned offer in a two-stage tender offer scheme on Nov. 5.

The tender offer is for the common shares and share options of FUJI SOFT through FK Co., which is the offeror.

FK Co. plans to begin a second tender offer in mid-November to acquire all remaining shares and share options of FUJI SOFT at 8,800 Japanese yen ($57.27) per share, unchanged from the first offer. The price tag reflects a premium of more than 110%, according to the company.

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