FILE PHOTO: Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO (Reuters) -U.S. private equity firm Bain Capital will raise its offer price for Japan's Fuji Soft by around 1.6%, it said on Wednesday, trumping a recently increased tender offer bid from rival KKR.
Bain's increased offer price, at 9,600 yen ($62.88) a share, marks the latest salvo in the running battle between the two private equity giants over the $4 billion software maker.
