KKR to raise offer for Fuji Soft to outbid Bain: report

KKR to raise offer for Fuji Soft to outbid Bain: report

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

US private equity firm KKR will raise its tender offer price for Japanese IT company Fuji Soft to 9,850 yen a share from 9,451 yen, above Bain Capital’s rival offer of 9,600 yen, a person familiar with the deal said on Tuesday.

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