financetom
Technology
financetom
/
Technology
/
KKR extends tender offer period for Japan's Fuji Soft to Jan 9
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KKR extends tender offer period for Japan's Fuji Soft to Jan 9
Dec 19, 2024 1:15 AM

TOKYO, Dec 19 (Reuters) - KKR extended on

Thursday its tender offer period for Fuji Soft to Jan.

9 as it battles rival U.S. private equity firm Bain Capital for

control of the Japanese software maker.

Its offer price was unchanged, it said in a statement.

KKR now owns about 34% of Fuji Soft after the first stage of

its two-part tender offer, mainly through shares tendered by

activist shareholders 3D Investment Partners and Farallon

Capital Management at 8,800 yen apiece.

Last month, KKR raised its offer price for Fuji Soft to

9,451 yen - 1 yen above Bain's earlier bid - only to have Bain

again increase its offer to 9,600 yen last week. Its

second-stage tender offer period was set to expire on Thursday.

Fuji Soft's shares closed at 9,810 yen on Thursday, up 0.4%

on the day.

(Reporting by Chang-Ran Kim; Editing by Muralikumar

Anantharaman)

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 >
Insights Into Apple's Performance Versus Peers In Technology Hardware, Storage & Peripherals Sector
Insights Into Apple's Performance Versus Peers In Technology Hardware, Storage & Peripherals Sector
Mar 26, 2025
Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating Apple ( AAPL ) in comparison to its major competitors within the Technology Hardware, Storage & Peripherals industry. By analyzing critical financial metrics, market position, and growth...
Fresh Del Monte Acquires Avolio To Expand Into Avocado Oil Market
Fresh Del Monte Acquires Avolio To Expand Into Avocado Oil Market
Mar 26, 2025
Fresh Del Monte Produce ( FDP ) Inc. , a global producer, marketer and distributor of fresh produce, has acquired Avolio, Uganda's leading provider of bulk crude and edible avocado oil. Through this move, Fresh Del Monte will secure a majority ownership stake in Avolio, further advancing its strategic goal of expanding into high-value specialty ingredients. The acquisition enables Fresh...
Assessing Microsoft's Performance Against Competitors In Software Industry
Assessing Microsoft's Performance Against Competitors In Software Industry
Mar 26, 2025
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Microsoft ( MSFT ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...
Comparing NVIDIA With Industry Competitors In Semiconductors & Semiconductor Equipment Industry
Comparing NVIDIA With Industry Competitors In Semiconductors & Semiconductor Equipment Industry
Mar 26, 2025
In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undertake an in-depth industry comparison, assessing NVIDIA ( NVDA ) alongside its primary competitors in the Semiconductors & Semiconductor Equipment industry. By meticulously examining crucial financial indicators, market positioning, and growth potential, we...
Copyright 2023-2026 - www.financetom.com All Rights Reserved