TOKYO (Reuters) – U.S. private equity firm Bain Capital is set to raise its offer price for Fuji Soft to 9,600 yen ($63.
35) from 9,450 yen to counter KKR’s tender offer bid, the Nikkei business daily reported on Wednesday. Last month, KKR had increasedits tender offer price for the Japanese IT firm to 9,451 yen, from the original 8,800 yen. ($1 = 151.
5400 yen) (Reporting by Satoshi Sugiyama; Editing by Chang-Ran Kim) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.
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Technology
Bain to raise offer for Fuji Soft to 9,600 yen a share, above KKR’s bid, Nikkei says
TOKYO (Reuters) - U.S. private equity firm Bain Capital is set to raise its offer price for Fuji Soft to 9,600 yen ($63.35) from 9,450 yen to counter KKR's tender offer bid, the Nikkei business daily