06:53 AM EDT, 10/21/2024 (MT Newswires) -- KKR (KKR) extended the first stage of its tender offer to take Fuji Soft private by 10 business days, now expiring on Nov. 5 from Oct. 21, Reuters reported Monday, citing a company filing.

According to the report, Fuji Soft shareholders can still tender to KKR's offer in the second stage, with both stages priced at 8,800 Japanese yen ($58.64) per Fuji Soft share.

KKR and Fuji Soft did not immediately respond to MT Newswires' requests for comments.

(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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