Reported 13 days ago
Bain Capital has postponed its tender offer for Japan's Fuji Soft to mid-to-late November, pending approval from the company. This comes amid a competitive $4 billion acquisition race with KKR, which recently became the largest shareholder in Fuji Soft. Bain previously aimed to initiate its offer in mid-October but is negotiating to secure necessary endorsements from the company.
Source: YAHOO