Bain Capital quits takeover battle with KKR for Fuji Soft

Bain Capital quits takeover battle with KKR for Fuji Soft

FILE PHOTO: Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo

US private equity firm Bain Capital said on Monday it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR for the Japanese IT company.

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