Bain Capital makes $4.2B hostile bid for Fuji Soft, facing rejection as KKR holds support.
Bain Capital plans a $4.2 billion hostile bid for Fuji Soft, offering ¥9,600 per share, slightly higher than KKR's ¥9,451. Despite this, Fuji Soft has reaffirmed its support for KKR's buyout, rejecting Bain's offer due to KKR's significant shareholdings, which could lead to a deadlock. Bain will proceed with its tender offer without Fuji Soft's board approval.
3 months ago
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