TOKYO -- The jockeying to acquire Fuji Soft has exposed a hole in Japanese tender offer regulations that has allowed Bain Capital to vie with fellow U.S.-based private equity firm KKR without going through the same formal review process.
Business deals
KKR-Bain bidding war over Japan's Fuji Soft highlights legal loophole
Lightly regulated tender offer notice creates uncertainty for shareholders
Bain Capital and KKR have put forward competing tender offers for Fuji Soft. (Source photos by Nikkei)
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