TOKYO — U.S. private equity firm Bain Capital has offered 600 billion yen ($4.1 billion) to Japanese systems maker Fuji Soft in a bid to outbid U.S. private equity firm KKR, the Nikkei has learned.
KKR announced in August that it intended to make a tender offer to buy all of Fuji Soft's outstanding shares at 8,800 yen per share, valuing the total deal at about 560 billion yen ($3.8 billion). Fuji Soft's management has expressed its support for the acquisition.