Private equity giant KKR has extended its acquisition offer for Japan's software developer Fujifilm Holdings Corporation Unsponsored ADR until January 9 next year. The company stated in a statement that its Quote remains unchanged.
According to Zhitong Finance APP, private equity giant KKR (KKR.US) has extended its acquisition offer for Japan's software developer Fujifilm Holdings Corporation Unsponsored ADR until January 9 next year. The company stated in a statement that its Quote remains unchanged. It is reported that KKR's acquisition offer for Fujifilm Holdings Corporation Unsponsored ADR was originally set to end on December 19.
KKR is currently competing with Bain Capital in the USA for the controlling stake in Fujifilm Holdings Corporation Unsponsored ADR. Last month, KKR raised its acquisition Quote for Fujifilm Holdings Corporation Unsponsored ADR to 9,451 yen per share, which is 1 yen higher than Bain Capital's earlier offer. However, Bain Capital raised its Quote again last week to 9,600 yen per share.
It is noteworthy that any competing offers may require KKR's cooperation. After earlier bids were accepted by investors 3D Investment Partners and Farallon Capital Management, KKR has acquired more than one-third of Fujifilm Holdings Corporation Unsponsored ADR's shares.