Bain to make new binding offer for Japan's Fuji Soft, 7% higher than KKR's

Bain to make new binding offer for Japan's Fuji Soft, 7% higher than KKR's

FILE PHOTO: The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon/File Photo

US buyout fund Bain Capital made a binding offer to buy Fuji Soft for 9,450 yen a share in a deal that values the Japanese software developer at $4 billion and outbids rival KKR by about 7%.