KKR has completed the second public tender offer for Fuji Soft.

Tokyo, February 20, 2025 - (JCN Newswire) - KKR announced that through FK Corporation, a special purpose company under the investment fund managed by KKR (hereinafter referred to as "the Offeror"), it has completed the second phase of a two-step public tender offer (hereinafter referred to as "the Public Tender Offer") for the common stock and stock acquisition rights of Fuji Soft, Inc. (Securities Code: 9749, hereinafter referred to as "Fuji Soft"). The Offeror received subscriptions exceeding the minimum ownership ratio set at 19.25%, which is necessary for a stock merger aimed at privatization (bringing the total to 53.22% when combined with the 33.97% acquired in the first phase of the public tender offer), and the Public Tender Offer was completed on February 19, 2025.
With the completion of the second phase of the public tender offer, the Offeror is expected to acquire a total of 35,753,281 shares of common stock and 758,400 stock acquisition rights (after conversion to shares) of Fuji Soft, in addition to the shares acquired in the first phase of the public tender offer (total ownership ratio: 57.92%). Settlement for the second phase of the public tender offer is scheduled to begin on February 27, 2025.
Full text: https://acnnewswire.com/press-release/japanese/96236/

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