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Private equity and investment company KKR (KKR) has beat rival Bain Capital in the bidding war to acquire Japanese IT company Fuji Soft (JP:9749). Bain Capital bowed out of the battle after KKR ...

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The two private equity powerhouses had engaged in a protracted bidding war for Fuji Soft. KKR's two-stage tender offer values the company at roughly $4.1 billion, according to Reuters calculations.