KKR raises tender offer price for Fuji Soft acquisition

Quick Summary:

TOKYO :Private equity firm KKR has raised its tender offer price for Fuji Soft by 7 per cent to 9,451 yen ($60.86) a share, the Japanese software developer said on Friday, narrowly surpassing a rival offer of 9,450 yen from Bain Capital.

KKR originally planned to offer the same price in the second part, which is tentatively scheduled to start next week.

Shares in Fuji Soft closed up 0.6 per cent at 9,110 yen ahead of the announcement.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: York Firm Cent Price Offer Share Rival Fuji Soft Bain Friday

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 18:39:41 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 223 words

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Sentences: 9 lines

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