Fuji Soft board backs 1st stage of KKR's buyout offer
Fuji Soft Board Supports KKR Buyout Offer, Nikkei Reports
TOKYO (Reuters) - The board of Japan's Fuji Soft has decided to stick with a 558.4 billion yen ($3.72 billion) buyout offer from KKR, the Nikkei newspaper said on Friday, despite having received a higher counter-offer from Bain.
Fuji Soft board backs first stage of KKR's buyout offer
The board of Japan's Fuji Soft will continue to support the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, it said on Friday, despite having received a higher counter-offer from Bain Capital.
Board of Japan’s Fuji Soft reportedly supports KKR buyout offer
Fuji Soft has become the focus of a tug-of-war between KKR and Bain, two of the giants of global private equity, both of which have been active in Japan for some years
Fuji Soft Board Chooses KKR Bid Despite Higher Offer From Bain Capital: Report
Fuji Soft bord reportedly accepts KKR's $3.72B bid over Bain's higher offer. Founder urges support for Bain's bid despite board's backing of KKR.
KKR and Bain in all-out $4bn fight for Japan’s Fuji Soft
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Fuji Soft founder backs buyout by Bain over KKR offer, letter says
Fuji Soft founder and shareholder Hiroshi Nozawa said in a letter to the company, seen by Reuters, that he supports U.S. buyout fund Bain Capital's takeover bid for the Japanese software developer.
Fuji Soft Sticks With KKR Despite Higher Takeover Offer From Bain
Fuji Soft Inc. is standing by KKR & Co.’s tender for its shares despite receiving a higher bid from Bain Capital that’s won the support of the Japanese software developer’s founder.Most Read from Bloo
Bain Makes Binding Offer for Fuji Soft, 7% Higher Than Rival KKR
TOKYO (Reuters) -U.S. buyout fund Bain Capital made a binding offer to buy Fuji Soft for 9,450 yen a share in a deal that values the Japanese software developer at $4 billion and outbids rival KKR by about 7%. Bain said in a statement on Friday it planned to launch the offer late this month if it can get Fuji Soft's backing.
Fuji Soft board supports KKR buyout offer: Nikkei
THE board of Japan’s Fuji Soft has decided to stick with a 558.4 billion yen (S$4.9 billion) buyout offer from KKR, the Nikkei newspaper said on Friday (Oct 18), despite having received a higher counter-offer from Bain.
Fuji Soft founder backs buyout by Bain, Nikkei says
Fuji Soft < founder and shareholder Hiroshi Nozawa has sent a letter to the company expressing his support for a takeover by U.S. buyout fund Bain Capital, the Nikkei business daily said on Thursday.
Fuji Soft Founder Backs Buyout by Bain, Letter Says
Earlier this month, Bain made a binding offer to buy Fuji Soft for 9,450 yen a share, valuing the Japanese company at $4 billion and outbidding rival bidder KKR by about 7%. Nozawa, in the letter on Thursday to the company's board and special committee on the bids,
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