Bain aiming for Fuji Soft tender offer in early Nov, awaits company approval

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TOKYO : Bain Capital is planning to launch a tender offer for Japanese software firm Fuji Soft in early November rather than late October as originally planned but still awaits company approval, the private equity firm said on Friday.

FILE PHOTO: Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017.

Bain has been locked in a $4 billion takeover battle for the firm with rival KKR, a deal that underscores Japan's resurgence in global dealmaking, now as a target for buyouts.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Capital Fuji Firm Company Japan Tender Continue Offer Bain Tokyo Soft

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 17:10:14 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 217 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23362783

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