Fuji Soft's top shareholder confirms support for KKR takeover bid

Japanese company has been targeted by two of the world's largest private equity firms

20241022 Bain KKR Fuji Soft

Bain Capital has put forward a competing offer for Fuji Soft that tops a bid KKR made in August. (Source photos by Nikkei)

TOKYO (Reuters) -- Fuji Soft's top shareholder on Tuesday confirmed its support for KKR's bid for the Japanese software developer at the center of a $4 billion takeover battle between two of the world's biggest private equity firms.

"As Fuji Soft reaffirmed its support for KKR's tender offer, we believe KKR is the best partner for the company," Singapore-based 3D Investment Partners said in a statement to Reuters.

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