KKR raises tender offer price for Fuji Soft acquisition, surpasses Bain Capital's bid

KKR raises tender offer price for Fuji Soft acquisition, surpasses Bain Capital's bid

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Private equity firm KKR has raised its tender offer price for Fuji Soft by 7% to 9,451 yen ($60.86) a share, the Japanese software developer said on Friday, narrowly surpassing a rival offer of 9,450 yen from Bain Capital.