07:14 AM EDT, 09/03/2024 (MT Newswires) -- KKR's (KKR) planned tender offer to buy Japanese systems developer Fuji Soft may be derailed by Bain Capital's counteroffer of around 600 billion Japanese yen ($4.11 billion), media reports said Tuesday.

KKR said in August that it planned to make a tender offer to acquire all outstanding equity of Fuji Soft for 8,800 yen per share, or a total of 560 billion yen.

Bain Capital is proposing around 9,200 to 9,300 yen per share, 5% more than KKR's offer, and intends to proceed with the acquisition bid once Fuji Soft approves it, reports said.

Bain Capital and Fuji Soft did not immediately respond to MT Newswires' requests for comment.

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