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

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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.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Secured Fuji Soft Photo: Mediacorp Shares York File Experience Trading Person

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 11:56:41 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 10 lines

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Copyright Owner: © Channel News Asia

News ID: 23440916

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