KKR & Co. Inc. ( KKR ) shares are trading higher today. The company reportedly plans to support a management buyout of Japanese system developer Fuji Soft to take it private, valued at about 600 billion yen ($4.09 billion).

Fuji Soft is pursuing the buyout to enhance its capital efficiency amid ongoing conflicts with major shareholders, including Singapore-based 3D Investment Partners, reported Reuters.

Fuji Soft announced that a special committee of its external board directors is evaluating value-maximizing options, including the privatization plan, per the report.

Fuji Soft said the board will meet on Thursday to discuss the privatization and will announce any decisions made soon.

On Tuesday, Körber Supply Chain Software, a joint venture between Körber AG and KKR, signed a binding agreement to acquire MercuryGate International Inc. for an undisclosed amount.

Investors can gain exposure to the stock via FM Focus Equity ETF ( FMCX ) and EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF .

Also Read: KKR Bets Big On Education With Instructure Purchase For $4.8B

Price Action: KKR shares are up 1.57% at $111.32 at the last check Wednesday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Read Next:

Candy Craze: Investment Giants Reportedly Battle For Southeast Asian Jelly Candy Maker Yupi Indo