TOKYO -- U.S. private equity firm Bain Capital on Monday withdrew its planned bid to take over Japan's Fuji Soft, ending a battle to acquire the systems developer that had been raging with rival investor KKR for more than five months.
Private equity firm announces it 'will not implement' tender offer
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Bain Capital and KKR have been issuing competing bids for Japan's Fuji Soft since September 2024. (Source photos by Shihoko Nakaoka and Shiko Ueda)
TOKYO -- U.S. private equity firm Bain Capital on Monday withdrew its planned bid to take over Japan's Fuji Soft, ending a battle to acquire the systems developer that had been raging with rival investor KKR for more than five months.