• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

KKR extends tender offer period for Japan’s Fuji Soft to Jan 9

by December 19, 2024
written by December 19, 2024

TOKYO (Reuters) – KKR extended on Thursday its tender offer period for Fuji Soft to Jan. 9 as it battles rival U.S. private equity firm Bain Capital for control of the Japanese software maker.

Its offer price was unchanged, it said in a statement.

KKR now owns about 34% of Fuji Soft after the first stage of its two-part tender offer, mainly through shares tendered by activist shareholders 3D Investment Partners and Farallon Capital Management at 8,800 yen apiece.

Last month, KKR raised its offer price for Fuji Soft to 9,451 yen – 1 yen above Bain’s earlier bid – only to have Bain again increase its offer to 9,600 yen last week. Its second-stage tender offer period was set to expire on Thursday.

Fuji Soft’s shares closed at 9,810 yen on Thursday, up 0.4% on the day.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Citi sees ‘sharp dovish pivot’ from Fed in coming months
next post
Analysis-Behind a potential Honda and Nissan tie-up, the existential threat posed by Chinese EVs

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Investment firm Stonepeak to buy Air Transport Services Group in $3.1 billion deal
    • S&P 500 Hits Record as Fed Cuts Rates

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy