KKR deploys '2-step' counter to Bain in Fuji Soft takeover bid


KKR and Bain Capital go toe-to-toe to acquire Japanese systems developer Fuji Soft. (Source photos by screenshot from Fuji Soft’s website and Yukinori Okamura)

TOKYO — U.S. private equity firm KKR decided to change its takeover bid (TOB) method for Fuji Soft to a so-called “two-step” process, Nikkei has learned on Thursday.

With the completion of a tender offer from major shareholders, KKR already has the prospect of acquiring more than 30% of the outstanding shares. KKR aims to acquire as many shares as possible by creating additional TOB opportunities under the same condition.





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