| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
U.S. buyout firm Bain Capital reportedly plans to counter-offer to acquire Japanese software developer Fuji Soft for approximately 600 billion yen ($4.1 billion), surpassing a rival bid from equity fund KKR & Co. Inc. (NYSE:KKR).
Bain Capital stated that its offer exceeds KKR’s 8,800 yen per share bid by about 5%, reported Reuters.
As per the report, Fuji Soft’s management has been in conflict with major shareholders, including Singapore-based 3D Investment Partners.
In August, KKR disclosed plans to buy Fuji Soft to take it private, valued at about 600 billion yen ($4.09 billion).
At the time, Fuji Soft announced that a special committee of its external board directors was evaluating value-maximizing options, including the privatization plan.
Investors can gain exposure to the stock via FM Focus Equity ETF (NYSE:FMCX) and EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:LBO).
Also Read: KKR Bets Big On Education With Instructure Purchase For $4.8B
Price Action: KKR shares are down 0.83% at $122.74 at the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
