Fuji Soft's board selects KKR's 558.4B yen ($3.72B) offer over Bain Capital's higher bid, with major shareholder support.

Japan's Fuji Soft's board has chosen KKR's buyout offer of 558.4 billion yen ($3.72 billion) over a higher bid from Bain Capital. Despite Bain's proposal of 9,450 yen per share, which Fuji Soft's founder supports, KKR's offer, at 8,800 yen per share, gained traction thanks to backing from major shareholders 3D Investment Partners and Farallon Capital. This decision highlights the competitive landscape of the ongoing acquisition process.

October 18, 2024
7 Articles