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.
