fujifilm holdings corporation unsponsored adr's largest shareholder confirms support for KKR's acquisition offer
According to Reuters on October 22, fujifilm holdings corporation unsponsored adr's largest shareholder confirmed on Tuesday that they support KKR's acquisition of this japan software development company. KKR proposed a price of 8,800 yen per share in August, while Bain Capital offered a price of 9,450 yen per share this month, higher than KKR's. KKR stated that it has received commitments from 3D Investment Partners and another major shareholder, Farallon Capital, who hold 23.46% and 9.22% of fujifilm holdings corporation unsponsored adr's shares, respectively. The mentioned shareholders will sell their shares to allow KKR to hold nearly three.
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Express News | KKR to Extend First-Stage Tender Offer Period for Fuji Soft to November 5, Nikkei Says