Bain Makes .1 Billion Rival Offer for Fuji Soft, Nikkei Says

Bain Makes $4.1 Billion Rival Offer for Fuji Soft, Nikkei Says

(Bloomberg) — Bain Capital has proposed a ¥600 billion ($4.1 billion) takeover of Fuji Soft Inc., the Nikkei reported, a surprise offer that threatens to derail an agreed-upon acquisition by KKR & Co.

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A KKR entity last month agreed to acquire and take the software developer private at about ¥8,800 a share. Bain Capital is now proposing to buy out the Japanese firm at ¥9,200 to ¥9,300 per share, or about 5% above KKR’s bid, the Nikkei said, without citing its sources.

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