TOKYO -- U.S. investment fund Bain Capital plans to raise the price of its tender offer for Japanese systems developer Fuji Soft to 9,600 yen ($63.3) per share from the previous 9,450 yen, Nikkei has learned. This exceeds the price of the share purchase that its rival KKR is offering at 9,451 yen.
KKR and Bain have been competing for Fuji Soft. KKR announced last month that it would offer 1 yen higher than Bain's earlier bid. Fuji Soft's board of directors unanimously expressed a supportive opinion of KKR's offer, recommending that shareholders tender their shares.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
