💨 Abstract

KKR, a U.S. private equity firm, has become the largest shareholder in Japanese software developer Fuji Soft, acquiring 21.4 million shares and controlling 90% of outstanding share options. KKR now holds 35% stake through FK Co and aims to acquire the remaining shares in mid-November, potentially leading to Fuji Soft's privatization.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖