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Bain Capital raises bid for Fuji Soft, outbidding KKR in Japan's booming buyout market.
Bain Capital raised its offer for Japanese software maker Fuji Soft to 9,600 yen per share, a 1.6% increase over KKR's bid of 9,451 yen, in a competitive takeover battle.
This bidding war reflects the growing appeal of Japan's buyout market, which saw $81 billion in deals in the first ten months of this year, up 17-fold from the same period last year.
Fuji Soft's board previously backed KKR's offer.
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Bain Capital aumenta la oferta para Fuji Soft, superando a KKR en el mercado japonés de compra en auge.