KKR secures over one-third of Fuji Soft after first stage of tender offer, says source

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KKR secures over one-third of Fuji Soft after first stage of tender offer, says source - Channel News Asia

Quick Summary:

TOKYO : Private equity firm KKR has secured more than one-third of the shares in Japanese software developer Fuji Soft after the first part of its two-stage buyout tender offer, a person familiar with the matter said on Wednesday.

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018.

The person did not state the exact share of Fuji Soft's shares KKR secured and asked not to be identified because the result has not yet been publicly disclosed.