U.S. private equity firm KKR has sweetened its offer for Japan's Fuji Soft by 4%, the latest salvo in its protracted and messy bidding war with Bain Capital for the $4 billion IT firm. The saga underscores an increasingly competitive dealmaking environment in Japan,

KKR & Co raised its offer price for Fuji Soft to fend off a rival bid from Bain Capital, the latest chapter in a months-long battle for the Japanese software company. Read more at The Business Times.

TOKYO (Reuters) - U.S. private equity fund KKR will raise its tender offer price for Fuji Soft shares to 9,850 yen per share from 9,451 yen, above Bain Capital's rival offer of 9,600 yen, the Nikkei business daily reported on Tuesday.

U.S. 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.

U.S. private equity firm KKR KKR-N -2.30% has sweetened its offer for Japan’s Fuji Soft by 4 per cent, the latest salvo in its protracted and messy bidding war with Bain Capital BCSF-N -0.06% for the $4-billion IT firm.

The U.S. investment company KKR has increased its tender-offer price for the Japanese software firm Fuji Soft, in an effort to conclude its acquisition battle with competitor Bain Capital.