Bain raises provide for Fuji Soft in $4.3 billion contest with KKR

Bain Capital is rising its provide for Fuji Soft with a bid that values the Japanese software program firm at $4.3 billion, extending a uncommon battle with KKR within the nation’s booming buyout market.

The Boston-based funding agency plans to pay ¥9,600 a share for Fuji Soft, it stated in an announcement on Wednesday. That’s 1.6% increased than KKR’s provide of ¥9,451 and values the corporate at round ¥647 billion ($4.3 billion).