Bain Capital Ups Its Stake in Fuji Soft

In a recent development, U.S. private equity firm Bain Capital has decided to increase its offer price for Fuji Soft to 9,600 yen per share. This move comes as a response to KKR's tender offer bid, which was raised last month to 9,451 yen per share from the original 8,800 yen.

The decision was reported by the Nikkei business daily on Wednesday, sparking interest in the competitive landscape of the Japanese IT firm acquisition.

Competition Intensifies Between Bain and KKR

The revised offer by Bain Capital now surpasses KKR's bid, indicating a fierce competition for acquiring Fuji Soft. This strategic move by Bain highlights the firm's determination to secure a deal in the face of rival offers.

With both firms vying for control, the final decision will be influenced by various factors including shareholder preferences and regulatory approvals.