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Market Chatter: KKR Bid Rival Bain Capital to Raise Offer for Fuji Soft
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Market Chatter: KKR Bid Rival Bain Capital to Raise Offer for Fuji Soft
Dec 11, 2024 4:11 AM

06:57 AM EST, 12/11/2024 (MT Newswires) -- KKR's (KKR) bidding war for Japanese software firm Fuji Soft may run longer as US investment fund Bain Capital plans to increase their tender offer to 9,600 Japanese yen ($62.91) per share from 9,450 yen previously, Nikkei reported Wednesday.

KKR had raised its bid to 9,451 yen in response to Bain's previous offer.

None of the companies immediately responded to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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