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KKR Raises Tender Offer Price for Fuji Soft

KKR Raises Tender Offer Price for Fuji Soft

   Tokyo, Feb. 4 (Jiji Press)--U.S. investment fund KKR said Tuesday that it will raise the purchase price of its ongoing tender offer for Japanese system developer Fuji Soft Inc. to 9,850 yen per share from 9,451 yen.
   By raising its offer price, KKR hopes to defeat a planned bid by another U.S. investment fund, Bain Capital LP, which is preparing to offer 9,600 yen for each Fuji Soft share.

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AFP-JIJI PRESS NEWS JOURNAL


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