KKR to Acquire FUJI SOFT at ¥8,800 Per Share Implying A Preium Of 110.3%, Expanding IT and OT Services
Portfolio Pulse from Benzinga Newsdesk
KKR plans to acquire FUJI SOFT at ¥8,800 per share, representing a 110.3% premium over the average closing price for the past 12 months. The acquisition aims to expand IT and OT services and is expected to commence in the second half of 2024, pending regulatory approvals.
August 08, 2024 | 8:39 am
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KKR plans to acquire FUJI SOFT at a significant premium, aiming to expand its IT and OT services. The acquisition is expected to commence in the second half of 2024, pending regulatory approvals.
The acquisition of FUJI SOFT by KKR at a significant premium indicates a strategic move to expand its IT and OT services. This is likely to be viewed positively by investors, potentially driving up KKR's stock price in the short term.
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