Bain Capital and Fuji Soft

TOKYO (Reuters) – Bain Capital is planning to launch a tender offer for Japanese software firm Fuji Soft in early November, rather than late October as originally intended, but still awaits company approval, the private equity firm said on Friday.

Bain has been engaged in a $4 billion takeover battle for the firm with rival KKR, highlighting Japan's resurgence in global dealmaking, now seen as a target for buyouts.

Bain stated that it held Q&A sessions with Fuji Soft on October 24 and 29, and will continue discussions to gain the affirmative opinion from the company, a condition necessary for launching its offer.

This week, Bain mentioned in a statement that it would consider a partial tender offer and is open to collaborating with other shareholders to enhance the company's corporate value.