financetom
Technology
financetom
/
Technology
/
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
Jan 5, 2025 7:05 PM

TOKYO, Jan 6 (Reuters) - U.S. private equity fund KKR

said on Monday it sent a letter to Fuji Soft

asking it to make a court filing to stop what it said was Bain

Capital's violation of a non-disclosure agreement amid Bain and

KKR's acquisition battle for the software maker.

In the letter, KKR asked Fuji Soft to file an injunction to

halt Bain Capital's "continued breach of its non-disclosure

agreement".

KKR and Bain are trying to buy Fuji Soft in competing tender

offer bids worth as much as $2 billion.

Fuji Soft's board has come out in support of KKR's lower bid

and demanded that Bain destroy the confidential information it

compiled during due diligence.

Bain has said this disregarded the interests of shareholders

and that it wanted to continue using the information to launch

its tender offer. Fuji Soft's founding family has said it

supports Bain's bid.

Fuji Soft and Bain did not immediately reply to Reuters'

requests for a comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Docusign price ends hopes of recovery - Forecast today - 09-06-2026
Docusign price ends hopes of recovery - Forecast today - 09-06-2026
Jun 9, 2026
DocuSign, Inc. (DOCU) stock price continued to decline in its latest intraday trading, amid the dominance of the main bearish trend in the short term. Negative signals continue to emerge from the Stochastic indicators after they previously reached deeply overbought levels. With its latest decline, the stock has broken below the support of its 50-day SMA, exposing it to additional...
Abbott Laboratories price gives in to negative pressure - Forecast today - 09-06-2026
Abbott Laboratories price gives in to negative pressure - Forecast today - 09-06-2026
Jun 9, 2026
Abbott Laboratories (ABT) stock price declined in its latest intraday trading after encountering resistance at its 50-day SMA, which exposed the stock to negative pressure. This performance came after the Stochastic indicators reached deeply overbought levels, while the main bearish trend continues to dominate in the short term, with the stock moving alongside a secondary trend line supporting this path....
Dash price tries to gather positive momentum - Analysis - 09-06-2026
Dash price tries to gather positive momentum - Analysis - 09-06-2026
Jun 9, 2026
Dash (DASHUSD) price is experiencing volatile trading in its latest intraday sessions, as it attempts to gain positive momentum that could help it resume its strong gains in the upcoming trading periods. The cryptocurrency continues to benefit from a previous breakout above a short-term bearish trend line, while also receiving dynamic positive support from trading above its 50-day SMA, which...
Enphase Energy price seeks a supportive bottom - Forecast today - 09-06-2026
Enphase Energy price seeks a supportive bottom - Forecast today - 09-06-2026
Jun 9, 2026
Enphase Energy, Inc. (ENPH) stock price remains under slight pressure in its latest intraday trading, as the stock attempts to establish a higher low that could serve as a base for gaining the positive momentum needed to resume its recovery. This comes as the Stochastic indicators have reached deeply oversold levels that appear exaggerated relative to the stocks price movement....
Copyright 2023-2026 - www.financetom.com All Rights Reserved