11:43 AM EST, 12/17/2024 (MT Newswires) -- (Updates with Bain Capital Japan's response in the fourth paragraph.)

KKR's (KKR) second tender offer for Fuji Soft's common shares and share options received the Japanese IT company's support despite a new offer from Bain Capital, according to a Fuji Soft statement Tuesday that was translated from Japanese.

Bain Capital increased its offer price for Fuji Soft to 9,600 Japanese yen ($63) per share last week after KKR raised its tender offer price per share to 9,451 yen in November.

KKR, through FK, currently owns about a third of Fuji Soft after the completion of the first tender offer in early November.

Bain Capital Japan didn't comment on the matter but referred MT Newswires to its website for updates. KKR didn't immediately respond to a request for comment from MT Newswires.

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