KKR & Co. Inc. announced on Tuesday the initiation of its second tender offer starting November 20, 2024, lasting until December 19, 2024. This endeavor is part of a two-step tender offer strategy aimed at acquiring common shares and share options of Fuji Soft, Inc. through FK Co., Ltd., an entity owned by investment funds under KKR's management.
The tender offer values each common share at 9,451 yen. The offer prices for the share options are as follows: 1,197,200 yen for the 5th Series Share Option, 1,059,800 yen for the 6th Series Share Option, and 293,200 yen for the 7th Series Share Option.
This move follows two unanimous decisions by Fuji Soft’s Board of Directors on November 15, 2024, and November 19, 2024, endorsing the Second Tender Offer. The Board has expressed support for the transaction and recommends that shareholders and share option holders participate by tendering their stakes.
