TOKYO — U.S. investment firms Bain Capital and KKR are locked in a bidding war over Japanese systems maker Fuji Soft as it prepares to unlock business opportunities next year from a shortage of digital developers.
Bain confirmed on Tuesday that it has offered to buy Fuji Soft for about 600 billion yen ($4.1 billion). That beats KKR's offer to buy Fuji Soft at ¥8,800 per share, making the offer worth about ¥560 billion if it gets all the shares.