Reported 4 days ago
Bain Capital has officially ended its bid for the Japanese IT company Fuji Soft after rival KKR increased its offer. Despite Bain's previous efforts and concerns over minority shareholder interests, KKR's raised offer of 9,850 yen per share eclipsed Bain's proposal. Bain expressed hopes for Fuji Soft's continued growth under new ownership, highlighting the competitive landscape for investments in Japan's technology sector.
Source: YAHOO