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 reported on Wednesday.

© Reuters. FILE PHOTO: Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo

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)

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